ARC/PLC Program

Agriculture Risk Coverage (ARC) & Price Loss Coverage (PLC)

The Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs are  authorized by the 2018 Farm Bill from 2019 to 2023 for all covered commodities.

Covered commodities include wheat, oats, barley, corn, grain sorghum, rice, soybeans, sunflower seed, rapeseed, canola, safflower, flaxseed, mustard seed, crambe, sesame seed, dry peas, lentils, small chickpeas, large chickpeas, peanuts, and seed cotton. 

Producers may make a new election to obtain either ARC or PLC for the 2019 crop year which will also apply for the 2020 crop year. Producers may change elections annually during the 2021 through 2023 crop years. Producers on farms where the cropland was planted to grass or pasture (including cropland that was idle or fallow) from Jan. 1, 2009, through Dec. 31, 2017, are ineligible for ARC/PLC payments from 2019 through 2023.

Agriculture Loss Coverage-County (ARC-CO)

The ARC-CO program provides revenue loss coverage at the county level. ARC-CO payments are issued when the actual county crop revenue of a covered commodity is less than the ARC-CO guarantee for the covered commodity.

Price Loss Coverage (PLC)

PLC program payments are issued when the effective price of a covered commodity is less than the respective reference price for that commodity. The effective price equals the higher of the market year average price (MYA) or the national average loan rate for the covered commodity.