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2020年2月7日 · Reviewing ARC, PLC and SCO Commodity Safety Net Programs. For farmers with base acres and eligibility to participate in Title I commodity safety net programs, the deadline for election and enrollment of covered commodities such as corn, soybeans, wheat, seed cotton, rice and peanuts into Agriculture Risk Coverage or Price Loss ...
2020年3月10日 · PLC is a price-based program that makes deficiency payments when the actual price falls below an effective reference price. The effective reference price for corn is $3.70 per bushel, for soybeans, $8.40 per bushel and for wheat, $5.50 per bushel ( USDA Farm Service Agency’s 2019 Effective Reference Price Calculations ).
2018年8月1日 · PLC payments are triggered when the effective price for a covered commodity falls below a statutory reference price for that commodity. The effective price is the higher of the marketing year average price or the national average loan rate for the covered commodity, so the loan rate serves as a floor for effective prices.
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2021年3月10日 · March 15 is the deadline to enroll in the Price Loss Coverage (PLC) or Agriculture Risk Coverage (ARC) programs for 2021. Program enrollment, which farmers can do on a commodity-by-commodity basis, is required to participate in the programs this year.
2020年5月1日 · Farm Program of Choice by Commodity. PLC proved to be the program of choice for commodities in 2019. PLC program payments are made on 85% of the farm’s base acres multiplied by the farm’s PLC program yield. The PLC program delivers a payment when the price of a commodity falls below a specific price floor.
2022年12月22日 · Title I of the farm bill, known as the commodity title, has provided certainty and predictability to eligible producers by reauthorizing and improving commodity, marketing loan, sugar, dairy and disaster programs. In short, it has provided benefits based on price or revenue targets for commodity growers in the United States.
2023年9月28日 · Another term that must be defined for eligibility for several programs, most notably the Agriculture Risk Coverage (ARC), Price Loss Coverage (PLC) and Marketing Assistance Loan (MAL), and other benefits is actively engaged in farming (AEF).
