Farmers, if you want to update your yields for the Price Loss Coverage program, and haven’t done so, you only have a few days left to do it.
USDA Farm Service Agency Administrator, Richard Fordyce, said farmers and landowners have not had the change to update those yields since 2014 and a lot can change in six years.
“It’s going to be worth the landowner’s effort to at least take a look at that and see if it’s going to be advantageous for them to update those yields.”
The deadline to update those yields is September 30th, and Fordyce said if you don’t make that deadline you still have options.
“That’s not going to be an issue. They’ll just continue to use the yields that we have on file as FSA.”
Those updated yields are used to calculate PLC payments.
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