225 S Broadway
Sterling, KS 67579
What is a Loan Deficiency Payment?
In the United States agriculture policy, LDP is a farm income support program first authorized by the Food Security Act of 1985 (P. L. 99-198).
How can I receive the LDP?
All eligible producers entering into the LDP agreement MUST meet marketing assistance loan eligibility and have beneficial interest in the quantities covered for the applicable crop year. A producer is considered to have beneficial interest if the producer has the title to the commodity and has control of the commodity.
You will also need to contact your local Central Prairie Co-op office and request a copy of the LDP Open Storage Customer Inquiry Report that will need to be signed and dated. **Please note that you will only have 7 days to get the signed LDP Storage Customer Inquiry Report to FSA or you will have to start the process over.
Where do I find the USDA LDP Rates?
You can find all the USDA LDP Rates by clicking here.