USDA ANNOUNCES PAYMENTS FOR LOW CROP PRICES
Safety-net payments due to market downturns during the 2015 crop year will be made whether you are enrolled in ARC or PLC.
The USDA will pay out more than $7 Billion in payments to most farmers. If you enrolled base acres in corn soybeans you will be getting payments after marketing year average prices are published by USDA
The 2014 Farm Bill authorized the ARC-PLC safety net to trigger and provide financial assistance only when r crop prices drop or revenues drop.
Well, the crop prices went down, AND revenue went down, so you will get some relief!
For more information,
producers are encouraged to visit their local Farm Service Agency (FSA) office.
To find a local FSA office, visit http://offices.usda.gov.