Past and Future of Farm Bill Payments

Date
2017-01-01
Authors
Plastina, Alejandro
Plastina, Alejandro
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Altmetrics
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Center for Agricultural and Rural Development
Abstract

In the summer of 2015, producers were allowed to elect their farms into one of the two new commodity programs introduced by the 2014 Farm Bill: Price Loss Coverage (PLC) or Agricultural Risk Coverage (ARC). The coverage of the latter program is offered at the county level (ARC-CO), and at the individual farm level (ARC-IC). Less than one percent of all US base acres are enrolled in ARC-IC.

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