Under the arrangement, Tom Peterson Farms would claim 30 percent of the CRP contract, while Whitman would receive 70 percent. The result was annual payments of $20,854.20 and $48,659.80, respectively.The $10K off the books evaded the payment limitation regs.
But in addition to those payments, Whitman Farm Committee representative Fred Kimball reportedly negotiated that Peterson pay Whitman a cash lease of about $10,000 for Peterson's part of the acreage.
Blogging on bureaucracy, organizations, USDA, agriculture programs, American history, the food movement, and other interests. Often contrarian, usually optimistic, sometimes didactic, occasionally funny, rarely wrong, always a nitpicker.
Sunday, September 24, 2006
Who's a Farmer? Whitman College?
The Walla Walla Union-Bulletin reports on a violation of payment limitation rules by Whitman College, which owns 15 farms. CRP payments are limited to $50K, so Whitman leased out land on a 70/30 lease:
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