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LDP (Loan Deficiency Payment)Subsidy

FSA · Michigan

Program Overview

A direct payment when the market price drops below the loan rate. You get the difference without actually taking out a loan.

Program Details
Difference between loan rate and posted county price × your eligible bushels
Must request before selling or losing beneficial interest in the crop
Your local FSA office
Low
Required Documents
  • Photo ID
  • Production evidence
  • FSA farm number
Forms
  • CCC-633 (LDP Application)
Pro Tip: Pays the difference when market prices fall below loan rates. Check with FSA before selling your crop — if LDP is available, you want to lock it in first.
Recent Awards in Michigan
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Your Local FSA Office
FSA Allegan County Farm Service Agency
1668 Lincoln Rd, Allegan, MI 49010-9410
(269) 673-6940
FSA Alpena County Farm Service Agency
1900 M 32 W, Alpena, MI 49707-8189
(989) 356-3596
Find more offices in Michigan →
Frequently Asked Questions

Who may qualify for LDP in Michigan?

A direct payment when the market price drops below the loan rate. You get the difference without actually taking out a loan. Contact your local FSA office in Michigan for specific eligibility requirements.

How much does LDP pay?

Value range: Difference between loan rate and posted county price × your eligible bushels. Actual amounts depend on your specific situation, crops, and acreage.

When is the LDP deadline?

Must request before selling or losing beneficial interest in the crop. Contact your local FSA office for the most current dates.

How do I apply for LDP in Michigan?

Apply at Your local FSA office. Required forms: CCC-633 (LDP Application).

Related Programs in Michigan
ARC-CO (Agriculture Risk Coverage — County)Subsidy
FSA · Annual election, typically March 15
PLC (Price Loss Coverage)Subsidy
FSA · Annual election, typically March 15
CRP (Conservation Reserve Program)Subsidy
FSA · General signup has periodic windows; Continuous CRP is always open for priority practices
NAP (Noninsured Crop Disaster Assistance)Subsidy
FSA · Application deadlines vary by crop, typically before planting
DMC (Dairy Margin Coverage)Subsidy
FSA · Annual enrollment, typically opens in fall for next year
Learn More at USDA →

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Program information sourced from USDA. Eligibility described here is general guidance only. Confirm at your local FSA or NRCS office. FarmGrant is not affiliated with USDA.