Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   
   
   
   

Agricultural News


Wheat Growers Welcome ARC and PLC Farm Payment Relief Announced by USDA Sec. Perdue

Fri, 12 Oct 2018 14:46:06 CDT

Wheat Growers Welcome ARC and PLC Farm Payment Relief Announced by USDA Sec. Perdue Today, U.S. Department of Agriculture (USDA) Secretary Sonny Perdue announced farm program payments for the 2017 crop year through the Agriculture Risk Coverage (ARC) program and the Price Loss Coverage (PLC) program, which were both created in the 2014 Farm Bill, have now gone out to producers. These safety net programs provide essential revenue and price support for farmers across the country. Approximately $3 billion in payments will be made under the ARC and PLC programs for the 2017 crop year, and approximately $1.8 billion in annual rental payments under CRP for 2018.


“The program payments being announced today will provide a needed cushion for farmers during these tough economic conditions in wheat country,” said NAWG President and Oklahoma wheat farmer Jimmie Musick. “Mother nature continues to be more and more unpredictable each year, demonstrating vital importance of a viable farm safety net. ARC and PLC are important safety net programs that help enable farmers to farm another year.”


USDA’s Farm Service Agency (FSA) has posted maps on its website showing the payment rate ranges for wheat, corn, and soybeans through the ARC-County program, as well as revenue maps for those commodities. Those maps can be found at this link. As required by Congress in the Budget Control Act of 2011, all payments are reduced by 6.9 percent as part of sequestration requirements.


“NAWG also calls on Congress to act as soon as possible to reauthorize the farm bill so that producers can have certainty moving forward about the availability of these safety net programs,” said Musick.


Source - NAWG



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • State Veterinarian Mandates Show Swine Exhibitors in Oklahoma Adopt Electronic Identification Tag  Wed, 14 Nov 2018 15:37:13 CST
  • OSU Meat Judging Team Named National Champions at 2018 International Meat Judging Contest  Wed, 14 Nov 2018 15:21:40 CST
  • Feeder Steers and Heifers Sell Steady to Weak on Wednesday at OKC West Livestock in El Reno  Wed, 14 Nov 2018 15:12:27 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Wednesday, November 14, 2018  Wed, 14 Nov 2018 15:07:17 CST
  • Wednesday Market Wrap-Up with Justin Lewis  Wed, 14 Nov 2018 14:11:08 CST
  • Wednesday Afternoon Market Wrap-Up with Carson Horn  Wed, 14 Nov 2018 13:55:44 CST
  • Environmental Defense Fund, National Corn Growers Assoc Partner to Scale Conservation Holistically  Wed, 14 Nov 2018 12:05:05 CST
  • Time is Running Out as Congress is Urged to Pass a New Farm Bill with Only a Few Days Left in 2018  Wed, 14 Nov 2018 11:49:59 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

    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.