September 26, 2014
(updated Sept. 30, 2014)
On Thursday, Sept. 25, USDA Secretary Tom Vilsack released information on the Agriculture Risk Coverage (ARC) and the Price Loss Coverage (PLC) programs that were created in the 2014 farm bill. According to the timelines announced, producers will have through early spring of next year (2015) to select which program works best for their operation.
Base Acre Reallocation/Yield Updates
Decision Aid Calculators
- USDA-NAAFP Decision Aid Calculator | Texas A&M University and University of Missouri
This site of integrated tools can help producers analyze their options and choices for making base acre reallocation/yield update decisions, as well as the decision between the ARC and PLC programs required in the 2014 Farm Bill. Although the look and feel have changed, any data previously entered into the preliminary version of the calculator are still available from the previous site. If you are new to the site, you can start by creating an account. - USDA-APAS Decision Aid Calculator | University of Illinois
This decision aid calculator will aid producers in making decisions for updating yields, base acre reallocation and the decision between ARC and PLC. Several webinars are also available that will review the farm bill programs and decisions, provide training and demonstration on the APAS farm bill decision calculator and include updates on prices and program analysis.
ARC and PLC Programs
Details on the differences between the ARC and PLC programs may be found in the final rule. FSA has also released a fact sheet that provides several examples for base acres reallocation, yield updates and scenarios of choosing ARC or PLC. Some common questions between ARC and PLC have been answered with the ARC-PLC FAQ sheet. Additional information can also be found on the USDA-FSA homepage. Producers can elect either ARC or PLC beginning Nov. 17 and the deadline to select a program will be March 31, 2015.
- USDA and FSA — Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) Programs, Final Rule
- USDA Fact Sheet — Base Acre Reallocation, Yield Updates, ARC & PLC
- USDA Frequently Asked Questions — ARC & PLC
- USDA and FSA — Base Reallocation, Yield Update, Price Loss Coverage and Agricultural Risk Coverage
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