ARC-IC

Agricultural Risk Coverage and Price Loss Coverage for the 2021 Crop Year

by: Mary Griffith, Chris Zoller, Hallie Williams, OSU Extension Educators

Enrollment for the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2021 crop year opened in October, with the deadline to enroll and make amendments to program elections on March 15, 2021. This signup is for potential payments for the 2021 crop.

If changes are not made by the March 15th deadline, the selection defaults to the programs selected for the 2020 crop year with no penalty. While it is optional to make changes to program elections, producers are required to enroll (sign a contract) each year to be eligible to receive payments. So, even if you do not change your program elections, you will still need to make an appointment at the Farm Service Agency to sign off on enrollment for the 2021 crop year by that March 15th deadline.

Producers have the option to enroll covered commodities in either ARC-County, ARC-Individual, or PLC. Program elections are made on a crop-by-crop basis unless selecting ARC-Individual where all crops under that FSA Farm Number fall under that program. These are the same program options that were available to producers during the 2019 and 2020 crop years. In some cases, producers may want to amend program election to better manage the potential risks facing their farms during the 2021 crop year. Continue reading Agricultural Risk Coverage and Price Loss Coverage for the 2021 Crop Year →

Farm Bill Reminders and Deadlines

Two Quick reminders and deadlines:

  • Producers who wish to update their FSA farm yield have until September 30, 2020, to do so. A tool to determine if a producer might want to update their PLC yields is available at https://aede.osu.edu/research/osu-farm-management/2018-farm-bill/arcplc-decision-aid-tools
  • Enrollment and Election for the 2021 program year will start October 1, 2020, and end March 15, 2021. OSU Decision aides will be updated once we have annual trend yield values for historical ARC-CO yields matching the program year 2021.