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USDA’s Newest Risk Management Programs

November 10, 2014 by Willy1550

The USDA is trying to make risk management easier for farmers. The latest farm bill is allowing farmers to update their yield history.

USDA’s Jessica Gonzalez tells Navasota News, producers will be able to choose their base acres, and with this new program can then choose between their actual yield or the county level if for instance their production was below that. Then she continues, producers can pick from two new programs, agricultural risk coverage ARC or price loss coverage PLC.

Gonzalez says to aid you pick, the USDA created online tools for you to enter information on your operation, then it will give a prediction for each, letting you decide which do go with.

That website is fsa.usda.gov/arc-plc. And for more information you can call 979-846-4814.

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