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Price Support Programs
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Fact Sheet
The Farm Security and Rural Investment Act of 2002 (2002 Act) provides, for the first time, marketing assistance loans and loan deficiency payment provisions for dry peas, lentils, and small chickpeas for the 2002-2007 crops.  Marketing assistance loans provide interim financing on eligible production and facilitate the orderly marketing of loan eligible commodities throughout the year.  Details (text)
News Release
WASHINGTON, Sept. 3, 2002   The U.S. Department of
Agriculture's Commodity Credit Corporation (CCC) today
announced loan rates for 2002 crop lentils, small chickpeas
and dry peas.
Application Form

CCC633LDP
Used to certify to the quantity and eligibility for LDP.

Regulations

Pulses (Dry Peas, Lentils, and Small Chickpeas)

The 2002 Act provides nonrecourse marketing assistance loans and loan deficiency payments to dry peas, lentils and small chickpeas for the first time.
 
Notices
LP-1946
Clarifying Eligible Dry Pea Quantity for Marketing Assitance Loans and LDPs

LP-1931
Announcing Market Rates for Dry Peas, Lentils, and Small Chickpeas
Loan Rates

Pulses:

  2004 To 2007
Small Chickpeas 7.56 7.43
Lentils 11.94 11.72
Dry Peas 6.33 6.22

Click here to see the National Posted Prices (NPP) and the LDP rates.