Industry News

ARC and PLC Election and Enrollment Period now open

ARC and PLC Election and Enrollment Period now open

By Tyson Redpath, The Russell Group 

Producers have until March 15, 2020 to elect and enroll acres in either ARC or PLC for program year 2019 and until June 30, 2020 for program year 2020. Enrolling less than 100% of a covered commodity’s base acres on a farm is not allowed. This election will apply to the farm for 2019 through 2023 however election changes are permitted in crop years 2021, 2022 and 2023.

Keep in mind that failure to make a valid election in 2019 will result in a continuation of the program elected for 2014 through 2018 crop years for all covered commodities with base acres on the farm; and 2019 payments for those unelected covered commodities will be prohibited.
Here is a link to the farm bill decision tool developed by Joe Outlaw of Texas A&M.

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MFP Program Signup Open Until December 6

By Tyson Redpath, The Russell Group

Signup remains open until December 6 for the U.S. Department of Agriculture Market Facilitation Program (MFP). Announced in May, the USDA Market Facilitation Program compensates farmers and ranchers financially hurt by the retaliatory tariffs imposed by key importing nations negotiating revised trade agreement terms and conditions with the Trump Administration.

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