CRP program

[Incline]

I am looking at a piece of land that is a little over 100 acres. Most of it is currently in the CRP program till 2020. Just curious, how hard is it to keep the property in this program and what are the odds of getting it renewed after 2020? My understanding is that these are usually a 15 to 20 year contract. Is that correct? School me GS.

[GatorBait]

I am looking into this as well. I believe you have an option to renew that contract. It can be done a set amount of times I think 4 times.

[Drycreek3189]

Your best option is to contact the proper agency of the Federal Government to ask these questions. I don't think all CRP programs are the same. The plan may be property specific.

[Incline]

Your best option is to contact the proper agency of the Federal Government to ask these questions. I don't think all CRP programs are the same. The plan may be property specific.

What? You mean the Green Sheet is not the best place for advice?

You are right. I will certainly do this before we go forward.

[TacticalCowboy]

Get the tract number and go to the FSA office.

[SaltwaterSlick]

What? You mean the Green Sheet is not the best place for advice?

You are right. I will certainly do this before we go forward.

DOOD!! This is the Green SCREEN! Green Sheet is for buyin' n' sellin' OLD STYLE...

And yes, if the GS don't know it, you don't need it or need to know about it.

[Incline]

Lol. Can I blame that on auto correct?

[krazykritters]

I personally would not want to keep it in CRP. The amount of money you get paid annual is usually not very significant unless it's a larger piece of property. There is actually nothing you have to do with it once it is in CRP other than no development.

[Incline]

If it were to stay in the program for 20 more years it would pay $100k of the $130k price. I think that might be enough to convince my wife to go ahead with the purchase. I am just looking for a place to hunt with my kids and friends. So many leases frown on this. I'm not really looking to build or raise livestock.

[krazykritters]

Then that sounds like good idea. I would just contact the local Farm Service Agency and tell them your plans. Just make sure they know what your going to do. The only other option won't be pleasant which would be having to pay everything back. You need to make sure all the paperwork is filed with the FSA after closing to make sure you receive the CRP payment.

[Limbwalker]

If it were to stay in the program for 20 more years it would pay $100k of the $130k price.

*****. If that's the case, it's a no-brainer.

[Playa]

I personally would not want to keep it in CRP. The amount of money you get paid annual is usually not very significant unless it's a larger piece of property. There is actually nothing you have to do with it once it is in CRP other than no development.

That's not entirely true, you do have to keep invasive species out. That can be costly if it's tree species. The 2 I'm familiar with is mesquite & salt cedar, both a pain in the butt to maintain & costly to do so.

*****. If that's the case, it's a no-brainer.

No kidding

[krazykritters]

Pretty sure that's only for reenrollment. When we go out and do species inventory assessment your only allowed a certain percentage of brush and you have to have a certain number of native plant species. And that all happens for reenrollment.

[Playa]

Pretty sure that's only for reenrollment. When we go out and do species inventory assessment your only allowed a certain percentage of brush and you have to have a certain number of native plant species. And that all happens for reenrollment.

Well isn't that the question? Re-enrollment/renewal after 2020?

[krazykritters]

He was asking how hard it was to keep it in the program. I was guess he was asking about for the next 5 years.