I'm on the third year of a 10 year crp contract.
When i signed the contract it was for 140 acres.After the first year they said there was only 127 tillable on the farm and cut my payment back.Now they say there's only 109 acres there.They say there using GpS and it's a lot more accurate now.I told them i wanted out and was told i would have to pay back all three years payments plus a fine.It would cost over
30000 to get out.I told them i didn't realize i was dealing with loan sharks.They said i made the deal and would have to live with it.Anyone else loose acres?I could probably get 30 to 40 bucks an acre more than the crp now.
When i signed the contract it was for 140 acres.After the first year they said there was only 127 tillable on the farm and cut my payment back.Now they say there's only 109 acres there.They say there using GpS and it's a lot more accurate now.I told them i wanted out and was told i would have to pay back all three years payments plus a fine.It would cost over
30000 to get out.I told them i didn't realize i was dealing with loan sharks.They said i made the deal and would have to live with it.Anyone else loose acres?I could probably get 30 to 40 bucks an acre more than the crp now.