WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) announced this week that following bipartisan improvements to the Agriculture Risk Coverage (ARC) Program in the 2018 Farm Bill agricultural producers now can enroll in the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2020 crop year. Meanwhile, producers who enrolled farms for the 2018 crop year have started receiving more than $1.5 billion for covered commodities for which payments were triggered under such programs.
“Ohio farmers need effective risk management tools — particularly when facing several years of low commodity prices and uncertain weather. These updates to the ARC program will better protect against both low prices or lower than expected yields,” said Brown.
ARC protects producers against revenue shortfalls through county coverage or individual coverage. PLC protects producers against price declines. The 2018 Farm Bill reauthorized and updated both programs.
Signup for the 2020 crop year closes June 30, 2020, while signup for the 2019 crop year closes March 15, 2020. Producers who have not yet enrolled for 2019 can enroll for both 2019 and 2020 during the same visit to an FSA county office.
Senator Brown is the first Ohio Senator in 50 years to serve on the Senate Agriculture, Nutrition, and Forestry Committee, where he has been instrumental in strengthening the farm safety net and addressing childhood hunger. He served as Chairman of the Subcommittee on Jobs, Rural Economic Growth and Energy Innovation.