ARC & PLC Enrollment Starts Today
It’s Official, today, June 17, 2015 the USDA Enrollment Period for Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) Safety-Net Programs begin!
According to the USDA more than 1.76 million farmers and producers have elected ARC or PLC. Prior to the current farm bill, approximately 1.7 million farmers and producers had enrolled to receive direct payments from the USDA. The new ARC vs. PLC debate quickly occurred as farmers learned new rules, requirements and had to make decisions based on their own landowner status and crop history.
Additionally the USDA stated in a press release that nationwide, 96 percent of soybean farms, 91 percent of corn farms elected the ARC program.
The enrollment for ARC vs. PLC begins June 17, 2015, and will end September 30, 2015.
If you own farmland in Indiana, read our report and information provided by Dr. Chris Hurt from Purdue University here >