Formal enrollment is now open for the Agriculture Risk Coverage and Price Loss Coverage programs, USDA Secretary Tom Vilsack announced Monday. The enrollment period begins June 17, 2015, and will end Sept. 30, 2015.
More than 1.76 million farmers have elected ARC or PLC, USDA said. The programs were introduced in the 2014 Farm Bill and trigger financial protections for ag producers when markets fall, dropping revenues.
Previously, 1.7 million producers had enrolled to receive direct payments, the ARC-PLC farm program predecessor.
Nationwide, 96% of soybean farms, 91% of corn farms, and 66% of wheat farms elected ARC. 99% of long grain rice farms, 99% of peanut farms, and 94% of medium grain rice farms elected PLC. For data about other crops and state-by-state program election results go to www.fsa.usda.gov/arc-plc.
"The extensive outreach campaign conducted by USDA since the 2014 Farm Bill was enacted, along with extending deadlines, is central to achieving an expected high level of participation," Vilsack said, touting University programs that were developed to help farmers make farm bill decisions.
Vilsack said the Farm Service Agency sent more than 5 million educational notices to producers nationwide and participated in over 4,880 educational events with more than 447,000 attendees.
"I am proud of the many committed USDA employees who worked hard over the last several months to provide producers support to help them make these important decisions," he said.
Covered commodities under ARC and PLC include barley, canola, large and small chickpeas, corn, crambe, flaxseed, grain sorghum, lentils, mustard seed, oats, peanuts, dry peas, rapeseed, long grain rice, medium grain rice (which includes short grain and sweet rice), safflower seed, sesame, soybeans, sunflower seed and wheat.
Upland cotton is no longer a covered commodity.