WASHINGTON, Dec. 3, 2015 – Agricultural producers who chose coverage from the safety net programs established by the 2014 farm bill – known as Agriculture Risk Coverage or Price Loss Coverage – can begin visiting Farm Service Agency county offices starting Dec. 7 to sign contracts or enroll in coverage for 2016. FSA Administrator Val Dolcini said the enrollment period will continue until Aug. 1.
“The choice between ARC and PLC is completed and remains in effect through 2018, but producers must still enroll their farm by signing a contract each year to receive coverage,” Dolcini said in a news release.
Producers are encouraged to contact their local FSA office to schedule an appointment to enroll. If a farm is not enrolled during the 2016 enrollment period, producers on that farm will not be eligible for financial assistance from the ARC or PLC programs should crop prices or farm revenues fall below the historical price or revenue benchmarks established by the program.
The two programs 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, 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. Upland cotton is no longer a covered commodity.
For more news, go to: www.Agri-Pulse.com