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Agricultural News


Deadline is August First to Sign 2016 Contract for Farm Law Safety Net Programs- PLC or ARC

Mon, 25 Jul 2016 14:38:46 CDT

Deadline is August First to Sign 2016 Contract for Farm Law Safety Net Programs- PLC or ARC Farmers and ranchers who chose coverage from safety net programs—Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC)–have through Aug. 1 to sign contracts to enroll in coverage for 2016.


The choice between ARC and PLC has already been made by farmers and ranchers, but a contract must be signed each year for the farm to be eligible for program benefits.


Established by the 2014 Farm Bill, these programs generate financial protections for farmers and ranchers when the market experiences substantial drops in crop prices or revenues.


Covered commodities include: barley, canola, large and small chickpeas, corn, flaxseed, grain sorghum, lentils, mustard seed, oats, peanuts, dry peas, rapeseed, long grain rice, medium grain rice (which includes short grain and sweet rice), safflower seed, sesame, soybeans, sunflower seed and wheat.


Upland cotton is no longer a covered commodity.


For more details regarding these programs, click here.


To find a local FSA office, click here.



   

 

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