Enrollment is now open for farmers interested in participating in the Agriculture Risk Coverage, or Price Loss Coverage programs for the 2021 crop year. The key Department of Agriculture safety-net programs help producers weather fluctuations in either revenue or price for certain crops.
USDA said more than $5 billion in payments are in the process of going out to producers who signed up for ARC or PLC for the 2019 crop year. ARC provides income support payments on historical base acres when actual crop revenue declines below a specified guaranteed level.
PLC provides income support payments on historical base acres when the effective price for a covered commodity falls below its reference price.
For more information on ARC and PLC, including two online decision tools that assist producers in making enrollment and election decisions specific to their operations, visit the FSA’s Main Website. Or visit your local FSA office in Idaho, Washington or Oregon.
Enrollment runs through March 15th.
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