USDA Issues Safety-Net Payments to Farmers in Response to 2015 Market Downturn

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USDA will begin issuing ARC-CO & PLC payments for the 2015 crop year. While county data has not been released they have released County payment maps that can give in general terms the amount of the ARC-CO payments. These maps can be found at  Corn Payments , Soybean Payments, & Wheat Payments.  PLC payments forthe 2015 crop year are  wheat $0.61 per payment  bushel, corn $0.09 per payment bushel , grain sorghum $0.64 per payment bushel and long grain rice 2.9 cents per pound. There are no PLC payments for 2015 soybeans. Additional in formation can ber found in the article below.

WASHINGTON, Oct. 4, 2016 — The U.S. Department of Agriculture (USDA) announced that beginning today, many of the 1.7 million farms that enrolled in either the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs will receive safety-net payments due to market downturns during the 2015 crop year. Continue reading at safety-net payments to be issued.

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