FSA
Announces New Yield Data for Safety Net Calculations Farmers can
Update Yield History through Feb. 27, 2015
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[February 12, 2015]
The U.S. Department of Agriculture Farm
Service Agency (FSA) offers farmers new information to update
program payment yields that will help them better select protections
offered by the Agricultural Risk Coverage (ARC) and Price Loss
Coverage (PLC) programs. The new programs, established by the 2014
Farm Bill, are cornerstones of the commodity farm safety, offering
farmers protection when market forces cause substantial drops in
crop prices and revenues.
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The Farm Bill provides landowners with the option of updating
their farm program payment yields and this is the first time
that many producers have been able to update yields since 1986.
FSA has worked with the Risk Management Agency (RMA) to make
available certified yield data that producers can use to better
calculate how the new safety net programs can offer the best
protection against market swings.
Producers can check with their local FSA county office to see if
data is available for them. This data belongs to the producer
and only the producer associated with the crop insurance records
will be provided this service. Updating yield history or
reallocating base acres can occur until Feb. 27, 2015.
FSA also issued a reminder that from Nov. 17, 2014, to March 31,
2015, producers will make a one-time election of either ARC or
PLC for the 2014 through 2018 crop years. For more information,
producers are encouraged to make an appointment to go into their
local FSA county office. To find a local FSA county office,
visit www.offices.usda.gov. Additional information on the new
programs is available at
www.fsa.usda.
gov/arc-plc.
Questions?
Please contact your local County FSA Office with questions
regarding this message. To locate an FSA office near you, visit:
http://offices.sc.
egov.usda.gov/locator/app
[USDA Farm Service Agency] |
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