(ALEXANDRIA, La) Oct. 26, 2017 – USDA Louisiana Farm Service Agency (FSA) Acting State Executive Director, T. Christine Normand announced that approximately 12,500 Louisiana farms that enrolled in safety-net programs established by the 2014 Farm Bill will receive financial assistance for the 2016 crop year. The programs, known as Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC), are designed to protect against unexpected drops in crop prices or revenues due to market downturns.

USDA Issues Safety-Net Payments to Louisiana Farmers

Contact: DeWanna Pitman
Dewanna.pitman@la.usda.gov
318-473-7902

(ALEXANDRIA, La) Oct. 26, 2017 – USDA Louisiana Farm Service Agency (FSA) Acting State Executive Director, T. Christine Normand announced that approximately 12,500 Louisiana farms that enrolled in safety-net programs established by the 2014 Farm Bill will receive financial assistance for the 2016 crop year. The programs, known as Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC), are designed to protect against unexpected drops in crop prices or revenues due to market downturns. 

“These safety-net programs provide help when price and revenue fall below normal,” said Normand. “Payments to corn, grain sorghum, soybeans, wheat, peanuts and oat producers are helping provide reassurance to our Louisiana farm families who are standing strong against low commodity prices compounded by unfavorable growing conditions.”

Producers in 64 Louisiana parishes have experienced a significant drop in prices or revenues below the benchmark established by the ARC or PLC program and thus, will receive payments totaling $61 million.  Payments related to corn crops made up much of those payments.  There were also payments for grain sorghum, soybeans, wheat, peanuts and oat crops.  Cash flow from these payments is particularly helpful to farmers and ranchers in counties impacted by natural disasters. 

“Payments by county for an eligible commodity can vary because average county yields will differ,” said Normand.   

Statewide, over 9,978 farms participated in ARC-County and nearly 2,560 farms participated in PLC.  More details on the price and yield information used to calculate the financing assistance from the safety-net programs is available on the FSA website at www.fsa.usda.gov/arc-plc and www.fsa.usda.gov/la.

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