Agriculture Risk Coverage and Price Loss Coverage Programs (ARC/PLC)
Closed March 15, 2024
The Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs were authorized by the 2014 and 2018 Farm Bills.
If you received a post card from FSA about ARC/PLC enrollment, contact your tenant if you have one or contact your local FSA Office if you don't have a tenant.
Agriculture Risk Coverage-County (ARC-CO): The ARC-CO program provides income support tied to historical base acres, not current production, of covered commodities. ARC-CO payments are issued when the actual county crop revenue of a covered commodity is less than the ARC-CO guarantee for the covered commodity.
Price Loss Coverage (PLC): PLC program payments are issued when the effective price of a covered commodity is less than the respective reference price for that commodity. The effective price equals the higher of the market year average price (MYA) or the national average loan rate for the covered commodity.
Enterprises
Terms
What has changed under the 2018 Farm Bill compared to the 2014 Farm Bill?
The effective reference price replaces the reference price for calculating benchmark revenues under ARC and payment rates per unit under PLC.
ARC-county yields are based on data from the Risk Management Agency rather than data from the National Agricultural Statistics Service.
ARC-county yields are trend adjusted.
Yield designation status under ARC county increases the number of counties from an “All” type designation to an irrigated/non-irrigated designation.
Seed cotton was added as a covered commodity and generic base acres were eliminated beginning with the 2018 crop, the last year of the 2014 Farm Bill. Seed cotton continues to be included as a covered commodity under the 2018 Farm Bill.
Producers may elect for ARC or PLC by covered commodity or ARC-IC for 2019 and 2020 and re-elect each year thereafter through 2023.
One-time opportunity to update PLC program payment yields that take effect beginning with the 2020 crop year.
The effective reference price, ARC-county benchmark yields, and ARC-county benchmark prices calculations are based on a one-year lag (i.e., For program year 2019, crop years 2013-2017 will be used to calculate the effective reference price, ARC-county benchmark yields, and ARC-county benchmark prices, and ARC-individual coverage).
Application Instructions
To learn more about this program, contact your local USDA service center.
Resources
Related Programs
Direct Farm Operating Loan
Farm Service Agency
- Loan
- General
- Equipment
- Animal Purchase
- Diversification
- Marketing
- Processing
- Feed
- Seed
- Fertilizer
- Cash Rent
- Housing
- Construction
- Infrastructure
- Repairs
- Pest Management
- Storage
- Legal & Finance
- Water Management
- Waterway Protection
- Water Quality
- Conservation
- Training
- Immigrants
- CSA
- Refinancing
- Reduced Tillage
- National
- Any
Environmental Quality Incentives Program (EQIP)
Natural Resources Conservation Service
- Grant
- Cost Share
- Conservation
- Cover Crops
- Forest Management
- Certified Grassfed
- Irrigation
- High Tunnel
- Certified Organic
- Air Quality
- Alternative Energy
- Soil Health
- Wildlife & Pollinator Habitat
- Water Quality
- Weather
- Research
- Landscape
- Precision Ag
- Drought
- Nutrient Management
- Carbon Capture
- Fencing
- Agroforestry
- Grazing Management
- Reduced Inputs
- National
- Any
Farm Storage Facility Loan Program (FSFL)
Farm Service Agency
- Loan
- Infrastructure
- Equipment
- Storage
- Lighting
- Delivery Vehicle
- National
- Oilseeds
- Peanuts
- Pulse Crops
- Hay
- Honey
- Biomass
- Fruits
- Vegetables
- Floriculture
- Hops
- Maple Sap
- Milk
- Cheese
- Yogurt
- Butter
- Eggs
- Rye
- Aquaculture
- Poultry
- Livestock
- Grains
Inflation Reduction Act Assistance for Distressed Borrowers
Farm Service Agency
- Grant
- Discount
- Socially Disadvantaged
- Disaster Relief
- National
- Any
Details
Tags
Release Date
October 17, 2023
Deadline
March 15, 2024
Organization
Financial Instrument
Insurance
Updated March 18, 2024
Image Credit: Melissa Askew
This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.
Explore hundreds more programs on Ambrook.