[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1468.5]

[Page 687-688]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1468_CONSERVATION FARM OPTION--Table of Contents
 
                      Subpart A_General Provisions
 
Sec.  1468.5  General provisions.

    (a) Program participation is voluntary.
    (b) Participation in the CFO is limited to producers of wheat, feed 
grains, cotton, or rice who have a production flexibility contract, in 
accordance with part 1412 of this chapter, on the farm enrolling in CFO 
and who are eligible for either CRP (7 CFR part 1410), EQIP (7 CFR part 
1466), or WRP (7 CFR part 1467).
    (c) The participant is responsible for the development of a 
conservation farm plan for the farm or ranch and may request assistance 
from NRCS or a third party in writing both the conservation farm plan 
and installing the

[[Page 688]]

practices outlined within the plan. Conservation practices in the 
conservation farm plan that would have been eligible for payment under 
CRP, EQIP, or cost-share agreements under WRP are eligible for CFO 
payment. The provisions for determining eligibility for payment and the 
calculation of payment under CFO will be similar to those specified for 
the eligible conservation practices under CRP, EQIP, or cost-share 
agreements under WRP. For land retirement payments, the CRP payment 
schedule in effect for the applicable soils at the time the CFO contract 
is signed will be utilized. CCC will provide annual payments to a 
participant for such conservation practices as specified in the time 
schedule set forth in the conservation farm plan.