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Price Loss Coverage (PLC)
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Payments are issued when the effective price of a covered commodity is less than the respective reference price for that commodity established in the statute. The payment is equal to 85 percent of the base acres of the covered commodity times the difference between the reference price and the effective price times the program payment yield for the covered commodity.

 

 

 


Last Modified: 03/12/14 1:35:48 PM


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