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Agricultural Programs
24
Feb
2015
Upcoming deadlines for 2014 Farm Bill considerations
Author: Archie Flanders, Extension Economist

Producers and land owners have upcoming decisions to select among alternative risk management programs contained in the 2014 Farm Bill. Land owners have until February 27 to schedule an appointment with the county Farm Service Agency (FSA) office for reallocating base acreage and updating payment yields. Deadline for program enrollment with FSA in Price Loss Coverage (PLC) and Agricultural Risk Coverage (ARC) is March 31. Although program enrollment is a decision independent of the base acreage decision, considerations for base acreage reallocation are correlated with risk management perspectives of PLC and ARC. An understanding of the fundamentals of PLC and ARC is necessary to determine which program best meets risk management objectives for each crop.  Read more about Making Decisions on the 2014 Farm Bill.


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