![]() | This article may be
confusing or unclear to readers. (June 2020) |
Counter-cyclical payment (CCP) — Under the Direct and Counter-cyclical Program (DCP) created by the 2002 farm bill (P.L. 101-171, Sec. 1101-1108), counter-cyclical payments are made to participating producers when the marketing year average price received by farmers for a covered commodity is less than the target price. The total payment to a producer is the payment acres (85% of base acres) times the payment rate ( target price minus average market price, except not more than the difference between the target price and the sum of the national loan rate and the direct payment rate).
![]() | This article may be
confusing or unclear to readers. (June 2020) |
Counter-cyclical payment (CCP) — Under the Direct and Counter-cyclical Program (DCP) created by the 2002 farm bill (P.L. 101-171, Sec. 1101-1108), counter-cyclical payments are made to participating producers when the marketing year average price received by farmers for a covered commodity is less than the target price. The total payment to a producer is the payment acres (85% of base acres) times the payment rate ( target price minus average market price, except not more than the difference between the target price and the sum of the national loan rate and the direct payment rate).