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

  • Hereford Association Overhauls Breed's Genetic Evaluation System, Leverages Its Value Programs  Wed, 20 Feb 2019 17:01:42 CST
  • Checking in on the Beef Checkoff- OK Beef Council Steven Adams Promo Videos Win at Film Festival  Wed, 20 Feb 2019 16:01:46 CST
  • OSU and Langston University Join KSU in Multi-Institutional Team to Tackle Ag Data Use Challenges  Wed, 20 Feb 2019 15:25:43 CST
  • Feeder Steers Sell Mostly Steady, Heifers 1.00 to 3.00 Higher on Wednesday at OKC West Livestock  Wed, 20 Feb 2019 15:18:22 CST
  • Wednesday Market Wrap-Up with Justin Lewis  Wed, 20 Feb 2019 15:12:57 CST
  • Wednesday Afternoon Market Wrap-Up with Carson Horn   Wed, 20 Feb 2019 15:10:23 CST
  • Sirloin Club Event Raises Bucks for 2019 OYE- and Offers First Look at Academic All State Honorees  Wed, 20 Feb 2019 07:48:26 CST
  • OSU's Amy Hagerman Gives Farmers Insight into All the 2018 Farm Bill Provisions Offer  Tue, 19 Feb 2019 21:44:24 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Herbs Herb Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Oklahoma City Farm Show 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.