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Producers sign record number of PLC, ARC contracts

Enrollment in Price Loss Coverage and Agriculture Risk Coverage programs continues for the 2020 crop year.

April 23, 2020

2 Min Read

Producers flocked to their USDA Service Center to sign up for USDA's Agriculture Risk Coverage and Price Loss Coverage programs for the 2019 crop year, with producers signing a record 1.77 million contracts. This is more than 107% of the total contracts signed compared with a 5-year average. Enrollment for 2019 ended March 16, but enrollment for PLC and ARC for the 2020 crop year continues through June 30.

“Producers for several years have experienced low commodity prices, a volatile trade environment and catastrophic natural disasters,” said Richard Fordyce, Administrator of USDA’s Farm Service Agency. “Farmers looking to mitigate these risks recognize that ARC and PLC provide the financial protections they need to weather substantial drops in crop prices or revenues.”

Producers interested in enrolling for 2020 should contact their FSA county office. Producers must enroll by June 30 and make their one-time update to PLC payment yields by Sept. 30.

USDA Service Centers, including FSA county offices, are open for business by phone only, and field work will continue with appropriate social distancing. While program delivery staff will continue to come into the office, they will be working with producers by phone and using online tools whenever possible. All Service Center visitors wishing to conduct business with the FSA, Natural Resources Conservation Service or any other Service Center agency are required to call their Service Center to schedule a phone appointment. More information can be found at farmers.gov/coronavirus.

For more information on ARC and PLC, download the program fact sheet or the 2014-2018 farm bills comparison fact sheet. Online ARC and PLC election decision tools are available at www.fsa.usda.gov/arc-plc.

Source: USDA, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset. 

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