[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1468.1]

[Page 706]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1468_CONSERVATION FARM OPTION--Table of Contents
 
                      Subpart A_General Provisions
 
Sec. 1468.1  Purpose.


    (a) Through the Conservation Farm Option (CFO), the Commodity Credit 
Corporation (CCC) provides financial assistance to eligible farmers and 
ranchers to address soil, water, and related natural resource concerns, 
water quality protection or improvement; wetland restoration and 
protection; wildlife habitat development and protection; and other 
similar conservation purposes on their lands in an environmentally 
beneficial and cost-effective manner. The Natural Resources Conservation 
Service (NRCS) may provide technical assistance, upon request by the 
producer or landowner.
    (b) The CCC provides a single contract and annual payments for 
implementation of innovative and environmentally-sound methods for 
addressing natural resource concerns for producers of wheat, feed 
grains, cotton, and rice, resulting in consolidation of payments that 
would have been available under the Conservation Reserve Program (CRP), 
the Wetlands Reserve Program cost-share agreements (WRP), and the 
Environmental Quality Incentives Program (EQIP). CFO participation is 
determined through two step process: first, the Chief, with FSA 
concurrence, selects CFO pilot project areas based on proposals 
submitted by the public; then CCC accepts applications from eligible 
producers or owners within the selected pilot project area.