Articles tagged under: PLC

Choose a Farm Program That Works Best for You

Published February 11, 2021

Farmers will need to select either the Agricultural Risk Coverage or Price Loss Coverage farm program for 2021 by mid-March. Agricultural Economic Insights Economist David Widmar says there are several considerations to keep in mind when choosing a farm program.…

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PLC Payments Coming This Fall

Published September 18, 2020

USDA’s projected 2019 Price Loss Coverage payment rates point towards 17 of 23 commodities can expect PLC support. Farmers with wheat base acres are expected to receive $1.8 billion with an average payment of $28 per base acre. With a…

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Crop Price Could Trigger PLC Payments

Published August 14, 2020

NAU Country Vice President of Farm Services Rich Morrison says the average crop prices the USDA gave in Wednesday’s supply and demand report will trigger Price Loss Coverage payments, if confirmed. "The government lowered the market year average estimate on…

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Most of the Corn Acres Enrolled in PLC

Published May 4, 2020

Farmers enrolled 253 million acres in the commodity safety net programs for 2019. From that total, 70 percent of the acres are in the Price Loss Coverage program. For corn, there was a dramatic shift from ARC-County coverage in the…

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Most Minnesota Counties Enrolled in ARC/PLC

Published March 16, 2020

It’s the final day for farmers to make appointments for elections declared by the most recent farm bill. Minnesota Farm Service Agency State Executive Director Joe Martin says most counties are 98 percent enrolled. "If farmers don't call by Monday…

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The Final Week for ARC/PLC Enrollment

Published March 9, 2020

Farmers have until March 16 to make an Agriculture Risk Coverage or Price Loss Coverage designation for the 2019/2020 crop years. At the end of last week, University of Minnesota Extension economist Bob Craven says around 30 percent of Minnesota…

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Begin ARC/PLC Enrollment Sooner Rather Than Later

Published February 12, 2020

Enrollment is open for the 2019 and 2020 Agriculture Risk Coverage and Price Loss Coverage programs. NDSU Extension has online decision tools to help farmers. "Wheat may pay most counties under either program, but higher payments could be possible under…

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Rural Perspectives

Published February 10, 2020

In this edition of the Rural Perspectives podcast from AgCountry Farm Credit Services, market education specialist Katie Tangen talks about phase one of the China trade deal, the third tranche of Market Facilitation Program payments and farm program sign-up. Listen…

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KSU Releases New ARC-PLC Spreadsheet

Published November 21, 2019

Kansas State University has released a new trade off spreadsheet that compares potential crop insurance payments at the county level between the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) farm programs. K-State Ag Economist Robin Reid says the…

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There’s Time to Make Good ARC or PLC Decisions

Published September 27, 2019

The sign-up period for the Agriculture Risk Coverage and Price Loss Coverage farm programs is open until March 15, 2020. With signup deadline is next spring, NDSU Extension Farm Management Specialist Andy Swenson is advising farmers to wait. Swenson says…

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