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Kentucky Ag News Headlines |
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Aug. 1 Deadline to Enroll in Ag Risk Coverage, Price Loss Coverage
Kentucky Ag Connection - 07/26/2016
U.S. Department of Agriculture (USDA) Kentucky Farm Service Agency (FSA) Executive Director John W. McCauley reminds farmers and ranchers that they have until Aug. 1 to enroll in Agriculture Risk Coverage (ARC) and/or Price Loss Coverage (PLC)
programs for the 2016 crop year.
"Producers have already elected ARC or PLC, but they must enroll for the 2016 crop year by signing a contract before the Aug. 1 deadline to receive program benefits," said McCauley. "Producers are encouraged to contact their local FSA office to schedule
an appointment to enroll."
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.
For more program information, contact your local FSA office or visit www.fsa.usda.gov/arc-plc. To find your local FSA office, visit http://offices.usda.gov.
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