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USDA Finalizes ARC, PLC; Base Acre Allocation Starts Monday

The federal government officially rolled out new programs that are intended to provide financial support for farmers in lieu of direct payments as mandated by the 2014 farm bill.

Secretary of Agriculture made the announcement Thursday, adding USDA's created a new website to help farmers decide which of the agency's new programs, Agricultural Risk Coverage (ARC) or Price Loss Coverage (PLC), will work best for their operations.

"These resources will help farm owners and producers boil the information down, understand what their options are, and ultimately make the best decision on which choice is right for them. We are very grateful to our partners for their phenomenal work in developing these new tools within a very short time frame," Ag Secretary Tom Vilsack says in a USDA report released Thursday.

The selection of ARC or PLC actually doesn't happen until later on -- from this winter through to early spring of next year. The critical step right now, Vilsack and experts say, is to update your yield history or allocate base acres at your local FSA office, a step that will go a long way to dictating the coverage you can glean from the new programs. You can go to your FSA office to do this starting next Monday, September 29.

"Letters sent this summer enabled farm owners and producers to analyze their crop planting history in order to decide whether to keep their base acres or reallocate them according to recent plantings," according to a USDA report.


See More From Our Experts: Find That FSA Letter Soon

 Get more answers from Ohio farm policy expert Carl Zulauf 



Chat the new programs in Farm Business Talk 



See more from USDA's new site for ARC/PLC

 
 

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