USDA Provides One-Time Extension of Deadline to Update Base
Acres or Yield History for ARC/PLC Programs
Farmers in KY Now Have Until March 31 to Update Yields and
Reallocate Base Acres; Deadline for Choosing Between ARC and PLC also Remains
March 31
Agriculture Secretary Tom Vilsack announced today that a
one-time extension will be provided to producers 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 has been extended one additional month, from Feb. 27, 2015
until March 31, 2015. The final day for farm owners and producers to
choose ARC or PLC coverage also remains March 31, 2015.
If no changes are made to yield history or base acres by March
31, 2015, the farm's current yield and base will be used. A program
choice of ARC or PLC coverage also must be made by March 31, 2015, or there
will be no 2014 payments for the farm and the farm will default to PLC coverage
through the 2018 crop year.
Nationwide, more than 2.9 million educational postcards, in English and Spanish, have been sent to producers, and over
4,100 training sessions have been conducted on the new safety-net programs. 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.
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.
No comments:
Post a Comment