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LDP (Loan Deficiency Payment)Subsidy

FSA · Vermont

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.
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Your Local FSA Office
FSA Addison County Farm Service Agency
68 Catamount Park, Middlebury, VT 05753
(802) 388-6748
FSA Caledonia County Farm Service Agency
481 Summer St., Saint Johnsbury, VT 05819
(802) 748-2641
Find more offices in Vermont →
Frequently Asked Questions

Who may qualify for LDP in Vermont?

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 Vermont 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 Vermont?

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

Related Programs in Vermont
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FSA · Annual election, typically March 15
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NAP (Noninsured Crop Disaster Assistance)Subsidy
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DMC (Dairy Margin Coverage)Subsidy
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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.