August 1 Deadline for ARC, PLC07/26/2016
Farm Service Agency reminds farmers and ranchers that they have until Aug. 1 to enroll in Agriculture Risk Coverage and/or Price Loss Coverage programs for the 2016 crop year.
Producers have already elected ARC or PLC, but must enroll for the 2016 crop year by signing a contract before the Aug. 1 deadline to receive program benefits.
The programs trigger financial protections for participating agricultural producers when market forces cause substantial drops in crop prices or revenues. Nationwide, more than 1.76 million farmers and ranchers are expected to sign contracts to enroll in ARC or PLC. Covered commodities under the programs 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.
Source: USDA FSA