COLLEGE STATION, Texas, March 6, 2023 – Agricultural producers who have not yet enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs for the 2023 crop year have until March 15, 2023, to elect and enroll a contract. The U.S. Department of Agriculture (USDA) offers these two safety net programs to provide vital income support to farmers experiencing substantial declines in crop prices or revenues.
“The Agriculture Risk Coverage and Price Loss Coverage programs provide critical financial protections to many American farmers. As producers across the country deal with unexpected market volatility and natural disasters, these programs offer much-needed support and stability,” said Kelly Adkins, State Executive Director for FSA in Texas. “I am encouraging producers to reach out to their county offices to learn about program eligibility and election options today, so that they can begin the enrollment process as soon as possible.”
Producers can elect coverage and enroll in ARC-County or PLC, which are both commodity- by-commodity, or ARC-Individual, which covers the entire farm. Although election changes for 2023 are optional, producers must enroll through a signed contract each year. Additionally, if a producer has a multi-year contract on their farm and makes an election change for 2023, they will need to sign a new contract.