ARC and PLC Program Enrollment Holt Boyd Webinar

ARC and PLC Program Enrollment - January 30, 2023 - Amy Timmerman, Extension Educator

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• [0:00] This is Amy Timmerman with Nebraska Extension
• [0:03] and this week’s Ag update.
• [0:05] Nebraska USDA Farm Service Agency (FSA) is reminding producers now is the time
• [0:09] to make elections and enroll in the Agriculture Risk Coverage (ARC) and
• [0:13] Price Loss Coverage (PLC) programs for the 2023 crop year.
• [0:18] The signup period is open through March 15, 2023, and producers are
• [0:22] encouraged to begin working with their USDA County Farm
• [0:26] Service Agency (FSA) office now to complete the process.
• [0:29] Producers can learn about the ARC and PLC options during a
• [0:33] University of Nebraska-Lincoln Center for Agricultural Profitability
• [0:36] webinar scheduled for 12:00 p.m. CT on Tuesday, Feb. 7.
• [0:42] Cathy Anderson, production and compliance programs chief for
• [0:45] the Nebraska Farm Service Agency, and Brad Lubben, extension policy
• [0:49] specialist in the University of Nebraska-Lincoln’s Department of
• [0:52] Agricultural Economics, will present and share information relevant for producers,
• [0:57] ag professionals and ag stakeholders.
• [1:00] Registration for the webinar is free and can be found CAP.UNL.EDU.
• [1:07] Look under policy and the article titled “Webinar to Cover ARC,
• [1:11] PLC Farm Program Enrollment Ahead of Upcoming Deadline”
• [1:14] will give you the link to sign up for this free webinar.
• [1:17] ARC and PLC are key USDA safety-net programs
• [1:21] that help producers weather fluctuations
• [1:23] in either revenue or price for certain crops.
• [1:26] Safety-net programs like ARC and PLC are designed to help producers
• [1:30] mitigate some of the financial stressors associated with crop production.
• [1:35] State FSA Executive Director John Berge encourage farmers to evaluate their program
• [1:41] elections and enroll for the 2023 crop year,”
• [1:45] ARC provides income support payments on historical base acres when actual crop
• [1:49] revenue declines below a specified guaranteed level.
• [1:53] PLC provides income support payments on historical base acres when the effective
• [1:57] price for a covered commodity falls below its reference price.
• [2:02] Covered commodities include barley, canola, large and small chickpeas,
• [2:07] corn, flaxseed, grain sorghum, lentils, oats, dry peas, rapeseed,
• [2:12] soybeans, sunflower seed and wheat.
• [2:15] Producers can elect coverage and enroll in ARC-County or PLC on a crop-by-crop basis,
• [2:22] or ARC-Individual for the entire farm, for the 2023 crop year.
• [2:27] Although election changes for 2023 are optional, enrollment
• [2:31] (signed contract) is required for each year of the program.
• [2:35] If a producer has a multi-year contract on the farm,
• [2:39] it will be necessary to sign a new contract for the farm by the
• [2:42] March 15th deadline if a 2023 election change is desired.
• [2:46] If an election change is not submitted by the deadline of March 15, 2023,
• [2:51] the election defaults to the current election for crops
• [2:54] on the farm from the prior crop year.
• [2:57] FSA State Executive Director advised that all program participants
• [3:02] review their previous program elections.
• [3:05] This has been Amy Timmerman with Nebraska Extension.