ARC and PLC to pay out 1.8 billion
USDA is processing 1.8 billion dollars in Ag Risk Coverage and Price Loss Coverage program payments to farmers.
FSA Administrator Zach Ducheneaux says producers prefer to get good prices for their crops in the marketplace, but the ARC and PLC programs provide stability when markets are volatile, making a big difference in the lives of farm families across the country.
USDA says PLC payments triggered for barley, canola, chickpeas, dry peas, flaxseed, lentils, peanuts, seed cotton, and wheat. Information on rice isn’t available yet. Producers using the ARC Individual signups need to contact their local FSA office for specific payout information.
Ducheneaux says producers can now contact USDA service centers to make or change 2022 ARC and PLC elections and to enroll for 2022 through March 15th.