Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


USDA Announces Enrollment Period for 2018 Safety Net Coverage Officially Opened Starting Nov. 1

Tue, 31 Oct 2017 16:28:19 CDT

USDA Announces Enrollment Period for 2018 Safety Net Coverage Officially Opened Starting Nov. 1 The U.S. Department of Agriculture (USDA) today announced that starting Nov. 1, 2017, farmers and ranchers with base acres in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) safety net program may enroll for the 2018 crop year. The enrollment period will end on Aug. 1, 2018.



“Since shares and ownership of a farm can change year-to-year, producers must enroll by signing a contract each program year,” said Farm Service Agency (FSA) Acting Administrator Steve Peterson. “I encourage producers to contact their local FSA office to schedule an appointment to enroll.”



The producers on a farm that are not enrolled for the 2018 enrollment period will not be eligible for financial assistance from the ARC or PLC programs for the 2018 crop should crop prices or farm revenues fall below the historical price or revenue benchmarks established by the program. Producers who made their elections in previous years must still enroll during the 2018 enrollment period.



“This week FSA is issuing approximately $850 million in rice payments,” said Peterson. “These payments are part of the $8 billion in 2016 ARC and PLC payments that started in October to assist enrolled producers who suffered a loss of revenue or price, or both. Over half a million producers will receive ARC payments and over a quarter million producers will receive PLC payments for 2016 crops.”



The ARC and PLC programs were authorized by the 2014 Farm Bill and offer a safety net to agricultural producers when there is a substantial drop in prices or revenues for covered commodities. Covered commodities include barley, canola, large and small chickpeas, corn, crambe, 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, go to www.fsa.usda.gov/arc-plc.



For more information, producers are encouraged to visit their local FSA office. To find a local FSA office, click here.



Source- USDA




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma National Stockyards Reports Higher Undertone for Calf Trade in Mid Session Report  Tue, 23 Jan 2018 03:45:04 CST
  • Higher Money for Yearlings and Stockers at This Week's Joplin Regional Stockyards  Tue, 23 Jan 2018 03:39:10 CST
  • Oklahoma Department of Ag Looking for Dicamba Input on Tuesday Afternoon in OKC  Mon, 22 Jan 2018 21:11:07 CST
  • Slaughter Cows Sell 2.00 Higher, Bulls 2.00 to 4.00 Lower Monday at OKC West Livestock Auction  Mon, 22 Jan 2018 17:22:44 CST
  • Wind Industry Proposes Tax Plan to Generate State Revenue But Would Reduce Ad Valorem Dollars  Mon, 22 Jan 2018 16:51:34 CST
  • Farmers Urged to Practice Good Stewardship with New Restrictions on Latest Herbicide Technology  Mon, 22 Jan 2018 15:46:30 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Monday, January 22, 2018  Mon, 22 Jan 2018 15:06:38 CST
  • Monday Market Wrap-Up with Justin Lewis  Mon, 22 Jan 2018 14:25:30 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association Oklahoma City Farm Show

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.