April 18, 2018 — As mandated in the Bipartisan Budget Act of 2018, seed cotton is now a covered commodity under the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs effective for the 2018 crop year. As a result, producers with generic base acres will be allowed to convert to cotton base or allocate to other covered commodities later this summer and make a one-time election in the fall. The Act also authorizes farmers with generic base acres and a recent history of covered commodities a one-time opportunity to update the farm’s payment yield for seed cotton, which will also occur this summer.
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April 18, 2018 — As mandated in the Bipartisan Budget Act of 2018, seed cotton is now a covered commodity under the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs effective for the 2018 crop year. As a result, producers with generic base acres will be allowed to convert to cotton base or allocate to other covered commodities later this summer and make a one-time election in the fall. The Act also authorizes farmers with generic base acres and a recent history of covered commodities a one-time opportunity to update the farm’s payment yield for seed cotton, which will also occur this summer.
The ARC and PLC programs assist agricultural producers by providing income support.
More information is available in this notice. Farmers with questions or who are interested in participating should contact their local USDA service center.
USDA is an equal opportunity provider, employer and lender.
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