Farmers with base acres in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) safety net program can visit FSA county offices to sign contracts and enroll for the 2018 crop year.
The enrollment period will end on Aug. 1, 2018. Since shares and ownership of a farm can change year-to-year, producers must enroll by signing a contract each program year.
The producers on a farm that are not enrolled for the 2018 enrollment period will not be eligible for financial assistance from the ARC or PLC programs for the 2018 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 previous years must still enroll during the 2018 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, dry peas, rapeseed, safflower seed, sesame, soybeans, sunflower seed and wheat.
For more details regarding these programs, please go online to www.fsa.usda.gov/arc-plc.
For more information, producers are encouraged to visit their local FSA County office.