Agricultural producers who have not yet enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs for the 2024 crop year have until March 15, to revise elections and sign contracts.
Both safety net programs, delivered by USDA’s Farm Service Agency, provide vital income support to farmers who experience substantial declines in crop prices or revenues for the 2024 crop year. In Virginia, producers have completed 10,000 contracts to date, representing 41 percent of the more than 25,000 expected contracts.
“Agriculture Risk Coverage or Price Loss Coverage programs provide excellent risk protection, for market declines, at no cost to the producer. While we always hope for strong markets, anyone involved in production agriculture knows, the only thing certain is uncertainty,” said Dr. Ronald M. Howell Jr., State Executive Director for FSA in Virginia. “Many producers may be holding off on making your program elections pending planting decisions or maybe you’re wor...