Enrollment period for late-filed ARCPLC continues through Aug. 31
Published 10:03 am Wednesday, August 16, 2017
Producers on farms with base acres under the safety net programs established by the 2014 Farm Bill, known as the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs, can visit their local FSA office to sign contracts and enroll for the 2017 crop year. The late filed enrollment period will continue until Aug. 31.
Since shares and ownership of a farm can change year-to-year, producers on the farm must enroll by signing a contract each program year.
If a farm is not enrolled during the 2017 enrollment period, the producers on that farm will not be eligible for financial assistance from the ARC or PLC programs for the 2017 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 2015 must still enroll during the 2017 enrollment period.
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, visithttp://offices.usda.gov.