With: Cathy Anderson, production and compliance programs chief, Nebraska Farm Service Agency; and Brad Lubben, extension policy specialist, UNL
Nebraska USDA Farm Service Agency (FSA) is reminding producers that now is the time to make elections and enroll in the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2023 crop year. The signup period is open through March 15, 2023, and producers are encouraged to begin working with their USDA county Farm Service Agency (FSA) office now to complete the process.
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 ARC-County or PLC on a crop-by-crop basis, or ARC-Individual for the entire farm, for the 2023 crop year. Although election changes for 2023 are optional, enrollment (signed contract) is required for each year of the program. If a producer has a multi-year contract on the farm, it will be necessary to sign a new contract for the farm by the March 15th deadline if a 2023 election change is desired.
This webinar will cover these options for producers and explain the details of each election possibility.
For more information, visit the Nebraska Farm Service Agency online at fsa.usda.gov/ne.
