Producers Can Now Sign Up for Crop Safety Net Programs
Minnesota Ag Connection - 09/09/2019
U.S. Senators Amy Klobuchar and Tina Smith (D-Minn.) announced that enrollment for two popular USDA safety net programs for the 2019 crop year opened this week. The programs provide Minnesota ag producers with financial support when crop
revenue and commodity prices fall below certain levels. Funding is available through the USDA's Farm Service Agency.
"Our farmers are a key part of our agriculture community and agriculture economy, and they are in great need of stability. As the backbone of our economy, farmers throughout Minnesota and across the country deserve our support during periods of uncertainty
like we are experiencing now. With the Agriculture Risk Coverage and Price Loss Coverage programs, Minnesota farmers and producers can receive the support they need during this tough time. We encourage all eligible producers to sign up before the March
15 deadline," said Sen. Klobuchar.
"Farming is a cornerstone of Minnesota's economy and I want to help provide stability and predictability to Minnesota ag during these unsettling times," said Sen. Smith, a member of the Senate Agriculture Committee. "I fought for these programs during the
2018 Farm Bill debate to help protect our producers from unforeseen losses. I encourage eligible Minnesotans to sign up."
The Agriculture Risk Coverage (ARC) program provides income support payments on historical base acres when actual crop revenue declines below a specified guarantee level. The Price Loss Coverage (PLC) program provides income support payments on
historical base acres when the price for a covered commodity falls below its effective reference price. Enrollment began Sept. 3, 2019 and will continue through March 15, 2020. For crop years 2021 through 2023 producers will have the opportunity to make