4 Important Dates Every Farmer Should Put in their Smartphone
Whether you use the tried and true calendar on your desk or smartphone, here are four (4) dates that you will want to remember. The FSA and USDA Farm Bill has a handful of very important dates in regards to yields, base acres, ARC and PLC. If you want to know more about the pro’s and con’s of ARC vs. PLC, we suggest you consult with your FSA agent, schedule an appointment as soon as you can.
Dates associated with ARC and PLC that Indiana farmland owners and producers need to know about:
Update Yield History & Reallocate Base Acres (for land owners only)
- Sept. 29, 2014 to Feb. 27, 2015
Make a one-time election of either PLC or ARC for the 2014 through 2018 crop years (producers)
- Nov. 17, 2014 to March 31, 2015
Sign contracts for 2014 and 2015 crop years (Producers)
- Mid-April 2015 through summer 2015
Payments for 2014 crop year, if needed
- October-ish 2015
What are the county yields? Before you make a decision on ARC vs. PLC, it may be wise to get an accurate picture of your county yields as ARC-County payments are triggered based on this figure. For a detailed explanation, visit www.AgEconomists.com
REMEMBER: Put these dates in your smartphone, on your calendar & always consult with your FSA Agent!