Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


Wheat Growers Welcome ARC and PLC Farm Payment Relief Announced by USDA Sec. Perdue

Fri, 12 Oct 2018 14:46:06 CDT

Wheat Growers Welcome ARC and PLC Farm Payment Relief Announced by USDA Sec. Perdue Today, U.S. Department of Agriculture (USDA) Secretary Sonny Perdue announced farm program payments for the 2017 crop year through the Agriculture Risk Coverage (ARC) program and the Price Loss Coverage (PLC) program, which were both created in the 2014 Farm Bill, have now gone out to producers. These safety net programs provide essential revenue and price support for farmers across the country. Approximately $3 billion in payments will be made under the ARC and PLC programs for the 2017 crop year, and approximately $1.8 billion in annual rental payments under CRP for 2018.


“The program payments being announced today will provide a needed cushion for farmers during these tough economic conditions in wheat country,” said NAWG President and Oklahoma wheat farmer Jimmie Musick. “Mother nature continues to be more and more unpredictable each year, demonstrating vital importance of a viable farm safety net. ARC and PLC are important safety net programs that help enable farmers to farm another year.”


USDA’s Farm Service Agency (FSA) has posted maps on its website showing the payment rate ranges for wheat, corn, and soybeans through the ARC-County program, as well as revenue maps for those commodities. Those maps can be found at this link. As required by Congress in the Budget Control Act of 2011, all payments are reduced by 6.9 percent as part of sequestration requirements.


“NAWG also calls on Congress to act as soon as possible to reauthorize the farm bill so that producers can have certainty moving forward about the availability of these safety net programs,” said Musick.


Source - NAWG



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Thursday Market Wrap-Up with Justin Lewis  Thu, 20 Jun 2019 15:12:00 CDT
  • Thursday Afternoon Market Wrap-Up with Carson Horn   Thu, 20 Jun 2019 14:24:16 CDT
  • USDA Announces Feral Swine Eradication and Control Pilot Program  Thu, 20 Jun 2019 14:14:14 CDT
  • NPPC Thanks USDA For Implementing Farm Bill Program to Reduce Feral Swine Populations  Thu, 20 Jun 2019 14:16:46 CDT
  • American Farm Bureau Federation President Zippy Duvall Says RMA's Revised Hay, Grazing Dates Much Appreciated  Thu, 20 Jun 2019 12:37:56 CDT
  • RMA Announces Change to Haying and Grazing Date for Prevented Planting Acres Planted to a Cover Crop  Thu, 20 Jun 2019 12:33:58 CDT
  • Senators Peters, Wicker Urge FAA to Include Broad Rural Representation on Drone Advisory Committee  Thu, 20 Jun 2019 11:51:53 CDT
  • Poor Planting Conditions Cause an Estimated Third to Half of Intended Cotton Acres in OK to Go Unplanted Due to   Thu, 20 Jun 2019 11:45:30 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.