New USDA-FSA “TIP Net” Program
For young farmers trying to get started in the industry or those looking to retire, the USDA has established a new online resource that can get you one step closer.
The new online resource, TIP(Transition Incentives Program) Net, provided by the USDA Farm Service Agency (FSA), links retiring farmers who have expiring Conservation Reserve Program (CRP) contracts with beginning farmers who are interested in bringing the land into production. TIP also provides up to two additional CRP annual rental payments to qualified retired or retiring owner/operators with an expiring CRP contract – the extra payments come when the farmer signs an agreement to sell or lease their CRP acres to a beginning or socially disadvantaged farmer.
In a recent Iowa Farmer Today article Tom Vilsack, USDA Secretary said, “The interest in TIP during the first six months of implementation has far exceeded our expectations. The tool should make TIP even more effective in facilitating the transition of land to our next generation of farmers.”
To learn more about the TIP Net program, click here.
What are your thoughts on the new TIP Net program?