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What are the financial benefits of enrolling in CREP?

Benefits crep financial
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What are the financial benefits of enrolling in CREP?

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Annual Payments – On the federal side, USDA makes payments annually for up to15 years, based on the specific soil types on the lands to be enrolled. There are different rates for cropland and marginal pasture lands in each county. The annual rental rates for cropland range from $35-$120 per acre, depending on the soil type. USDA also provides an additional annual federal incentive payment from 35 – 60 percent of the annual rental rate, depending on the practices to be installed, and an annual maintenance payment of between $5 and $10 per acre per year depending again on the practices installed.

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