Resources for producers choosing between Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) by March 15 deadline
Full-length presentation by Brad Lubben and Cathy Anderson
Or browse shorter segments by topic below.
In late 2019 and early 2020, Nebraska Extension and the USDA Farm Service Agency in Nebraska collaborated to host a series of nearly 40 farm bill educational meetings to assist producers as they make farm bill-related program decisions. The 2018 farm bill, signed into law in December of that year, reauthorized the existing Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) safety net programs that were in the 2014 Farm Bill, however producers will need to make new program enrollment decisions by the March 15 deadline.
The presentation delivered at these meetings across the state is available here, as a full-length video and as smaller segments, broken out by topic.
This recorded presentation was led by Brad Lubben, extension policy specialist and associate professor in the Department of Agricultural Economics at the University of Nebraska-Lincoln, and Cathy Anderson, chief specialist of production and compliance programs with the USDA Farm Service Agency in Nebraska.
For additional resources related to the farm bill, please visit farmbill.unl.edu andfsa.usda.gov/ne.
SEGMENTS BY TOPIC
Part 1: Commodity Program Overview
Brad Lubben, extension policy specialist, summarizes details related to producer decisions related to the 2018 Farm Bill, including the choice between ARC and PLC, loan programs, and more.
Part 2: Price Loss Coverage (PLC) Introduction
Brad Lubben, extension policy specialist, summarizes what the 2018 farm bill's reauthorization of the existing PLC program means.
Part 3: PLC - Yield Update
Brad Lubben, extension policy specialist, discusses how yield plays a role in PLC calculations.
Part 4: PLC - Effective Reference Price
Brad Lubben, extension policy specialist, discusses the role that ERP plays in PLC calculations.
Part 5: PLC Payment
Brad Lubben, extension policy specialist, discusses PLC payment and rates.
Part 6: ARC Introduction
Brad Lubben, extension policy specialist, discusses the basics of Agricultural Risk Coverage (ARC) options for producers under the 2018 farm bill.
Part 7: ARC-CO Trend Yield Adjustment
Brad Lubben, extension policy specialist, discusses trend-adjusted Olympic Average Yield and offers comparisons.