ARC / PLC FARM BILL ELECTIONS
The 2022 ARC/PLC Farm Bill Elections and Enrollment period opened on Oct. 18, 2021 and runs through March 15, 2022.
The 2023 ARC/PLC Farm Bill Elections and Enrollment period runs through March 15, 2023.
Producers can now make or change elections and enroll for 2023 ARC or PLC.
Agriculture Risk Coverage-County (ARC-CO)
The ARC-CO program provides income support tied to your farm numbers’ historical base acres (not actual 2023 planted acres) . ARC-CO payments are issued when the actual county crop revenue (price X county yield) of a covered commodity is less than the ARC-CO guarantee for the covered commodity.
Price Loss Coverage (PLC)
PLC program payments are issued when the effective price of a covered commodity is less than the respective reference price for that commodity. The effective price equals the higher of the market year average price (MYA) or the national average loan rate for the covered commodity.
Protecting your farm from the unexpected….It’s what we do.
For questions and further details about crop insurance plans and product availability, please contact a Northern Ag agent to schedule your free consultation.
