Upcoming Webinar Highlights Agriculture Risk Coverage and Price Loss Coverage Programs Choices for 2021

[February 01, 2021]    Agricultural producers can now make elections and enroll in the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2021 crop year. Enrollment for the 2021 crop year closes March 15, 2021.

ARC provides income support payments on historical base acres when actual crop revenue declines below a specified guaranteed level. PLC provides income support payments on historical base acres when the effective price for a covered commodity falls below its reference price.

Producers can elect coverage and enroll in crop-by-crop ARC-County or PLC, or ARC-Individual for the entire farm, for the 2021 crop year. Although election changes for 2021 are optional, enrollment (signed contract) is required for each year of the program. If a producer has a multi-year contract on the farm and makes an election change for 2021, it will be necessary to sign a new contract.

As of January 25, 2021, only 3% of Illinois producers have initiated and completed an election and enrollment for 2021 in either ARC or PLC. If an election is not submitted by the deadline of March 15, 2021, the election defaults to the current election for crops on the farm from the prior crop year.

Upcoming Webinar University of Illinois Farmdoc will host a webinar on Thursday, February 4, 2021, from 11 a.m. to 12 p.m. (CST) on Commodity Title Choices in 2021. Nick Paulson, Jonathan Coppess and Farm Service Agency’s Randy Tillman will be presenting about the choices between ARC and PLC for the 2021 crop year.

Registration for this webinar is free, however pre-registration is required. The registration is limited to 1000 participants. Register here.

More Information

For more information on ARC and PLC, including two online decision tools that assist producers in making enrollment and election decisions specific to their operations, visit the ARC and PLC webpage.

For additional questions and assistance, contact your local USDA service center. To locate your local FSA office, visit farmers.gov/service-locator.

[USDA Farm Service Agency]