The Agriculture Department awarded $6 million to educate farmers about subsidies available in the new farm law and said enrollment would begin this summer for the new Margin Protection Program for dairy. Grain and soybean growers will make a key decision this winter – selecting either the insurance-like Agriculture Risk Coverage program or the Price Loss Coverage program, a more traditional approach, as their safety net through the 2018 crops.
Signup for ARC and PLC for 2014 and 2015 would begin in early 2015, said USDA. It also said “producers now have access to a preliminary website…to begin familiarizing themselves with the new programs.” The site lists ARC and PLC projected payments and other details. To see the site, click here.