Farm
Bill Safety-Net Deadline Approaching for Illinois Farmers
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[February 17, 2015]
Farm Service Agency (FSA) reminds
producers of upcoming important deadlines for the new safety-net
programs established by the 2014 Farm Bill, known as Agriculture
Risk Coverage (ARC) and Price Loss Coverage (PLC). The final day to
update yield history or reallocate base acres is Feb. 27, 2015, and
the final day for farm owners and producers to choose coverage is
March 31, 2015.
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These programs provide financial protection against unexpected
changes in the marketplace, so now is the time to have those
final conversations, to ask any remaining questions, and to
visit the Farm Service Agency to make these decisions.
For the first time in many years, farmers have the opportunity
to update yields or reallocate base, but if no changes are made
by Feb. 27, 2015 the farm's current yield and base will be used
and if no program election occurs by March 31, 2015 then there
will be no 2014 payments for the farm and the farm will default
to PLC coverage through the 2018 crop year.
![](http://archives.lincolndailynews.com/2015/Feb/16/images/ads/current/business_directory_filler.png)
Nationwide, more than 3,500 training sessions have been
conducted on the new safety-net programs, including over 500 in
Illinois. The online tools, available at
www.fsa.usda.gov/arc-plc, allow producers to explore
projections on how ARC or PLC coverage will affect their
operation under possible future scenarios.
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Covered commodities include barley, canola, large and small
chickpeas, corn, crambe, flaxseed, grain sorghum, lentils, mustard
seed, oats, peanuts, dry peas, rapeseed, long grain rice, medium
grain rice (which includes short grain rice), safflower seed,
sesame, soybeans, sunflower seed and wheat. Upland cotton is no
longer a covered commodity.
To learn more, farmers can contact their local Farm Service Agency
county office. To find your local office visit
http://offices.usda.gov.
[USDA Farm Service Agency] |