2018 FSA Farm Program Signup Underway
Producers on farms with base acres under the safety net programs established by the current Farm Bill, known as the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs, can visit their local FSA office to sign contracts and enroll for the 2018 crop year. The enrollment period will continue until Aug. 1, 2018.
Since shares and ownership of a farm can change year-to-year, producers on the farm must enroll by signing a contract each program year.
If a farm is not enrolled during the 2018 enrollment period, the producers on that farm will not be eligible for financial assistance from the ARC or PLC programs for the 2018 crop should crop prices or farm revenues fall below the historical price or revenue benchmarks established by the program. Producers who made their elections several years ago must still enroll during the 2018 enrollment period.
The ARC and PLC programs were authorized by the current Farm Bill and offer a safety net to agricultural producers when there is a substantial drop in prices or revenues for covered commodities. Covered commodities include many crops including barley, corn, grain sorghum, oats, soybeans, sunflower seed and wheat. For more details regarding these programs, go to www.fsa.usda.gov/arc-plc.
Signup progress has been slow with many FSA offices reporting only 30% signed up. We encourage all producers to take care of signup now before field work starts. Summer will be busy with acreage certification and higher than normal CRP interest, so waiting to sign up in the farm program till summer will result in longer than normal waiting times.
For more information, producers are encouraged to visit their local FSA office. To find a local FSA office, visit http://offices.usda.gov.