WASHINGTON — Agricultural producers who have not yet signed up for agricultural risk coverage or price loss coverage programs for the 2022 crop year have until March 15 to sign a contract.
The United States Department of Agriculture (USDA) offers these two safety net programs to provide vital income support to farmers facing substantial declines in crop prices or income.
“Farm Risk Coverage and Price Loss Coverage programs provide critical financial protections to many US farmers. As growers continue to face a deadly pandemic and new climate-induced disasters, these programs are all the more important,” said Zach Ducheneaux, Administrator of the USDA Farm Service Agency. “I encourage producers to contact their county offices to learn more about program eligibility and voting options today, so they can begin the registration process as soon as possible.”
Producers can choose coverage and enroll in ARC-County or PLC, both of which are crop-by-crop, or ARC-Individual, which is farm-wide. Although election changes for 2022 are optional, producers must register through a signed contract each year.
Also, if a producer has a multi-year contract on the farm and makes a change of choice for 2022, he will have to sign a new contract. If an election is not submitted by the March 15, 2022 deadline, the election remains the same as the 2021 election for on-farm crops.
Farm owners cannot enroll in either program unless they have a stake in cultivation.
Producers who do not complete registration by the deadline will not be registered with ARC or PLC for the 2022 crop year and will not receive payment if triggered.
Producers can register farms with base acres for the following commodities: barley, canola, large and chickpeas, corn, crambe, flaxseed, grain sorghum, lentils, mustard seed, oats, peanuts, dry peas , rapeseed, long grain rice, medium and short grain rice, safflower seed, cottonseed, sesame, soybeans, sunflower seed and wheat.
ARC and PLC are part of a larger safety net provided by the USDA, which also includes crop insurance and marketing assistance loans.
Growers should contact their crop insurance agent to ensure that the election and registration made with the FSA matches their intent to participate in STAX or SCO coverage. Producers have until March 15, 2022 to make the appropriate changes or cancel their ARC or PLC contract.
March 15 is also the deadline for the Pandemic Cover Crop program. The deadline for the dairy margin hedging program is March 25.
For more information on ARC and PLC, growers can visit https://www.fsa.usda.gov/programs-and-services/arcplc_program/index or contact their local USDA Service Center.