Signup for the Ag Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2021 crop year started Tuesday, October, 13, USDA's Farm Service Agency said.
Signup for the programs ends March 15, 2021.
Options include electing coverage and enrolling in crop-by-crop ARC-Count or PLC, or the ARC-Individual for the entire farm. Election changes for 2021 are optional, FSA noted.
For the 2022 and 2023 crop years, producers will be able to make a new election during those signups.
While enrollment started for the 2021 ARC/PLC programs, USDA has begun processing payments under the ARC-County and PLC program on covered commodities that triggered payments for 2019 crops. Those payments total $5 billion.
Under PLC, payments were triggered for the following commodities: barley, canola, chickpeas (small and large), corn, dry peas, grain sorghum, lentils, peanuts, seed cotton and wheat. Oats and soybeans did not trigger payments for the 2019 crop year.