ARC and PLC Program Enrollment - January 30, 2023 - Amy Timmerman, Extension Educator
Note: Click on the button for Full Screen; then click on the en CC button for Closed Captioning; then click on play and so that you are able to read the captioning.
- [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.