RR News Release – Key Dates for New 2014 Farm Bill Safety Net Programs

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The U.S. Department of Agriculture (USDA) is announcing key dates for farm owners and producers to keep in mind regarding the new 2014 Farm Bill established programs, Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC). The new programs, designed to help producers better manage risk, usher in one of the most significant reforms to U.S. farm programs in decades.

Dates associated with ARC and PLC that farm owners and producers need to know:

  • Sept. 29, 2014 to Feb. 27, 2015: Land owners may visit their local Farm Service Agency office to update yield history and/or reallocate base acres.
  • Nov. 17, 2014 to March 31, 2015: Producers make a one-time election of either ARC or PLC for the 2014 through 2018 crop years.
  • Mid-April 2015 through summer 2015: Producers sign contracts for 2014 and 2015 crop years.
  • October 2015: Payments for 2014 crop year, if needed.

To learn more about USDA disaster relief program, review details for the ARC/PLC programs at http://www.fsa.usda.gov/FSA/webapp?area=home&subject=arpl&topic=landing or contact a local FSA office.

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