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New Safety Net Programs Bring Change
The U.S. Department of Agriculture Farm Service Agency administrator announced farmers should start receiving notices updating them on their current base acres, yeilds and 2009 to 2012 plant history.
The written updates are an important part of preparing agricultural producers for the new safety net programs established by the 2014 Farm Bill.
By mid-winter, all producers on a farm will be required to make a one-time, unanimous and irrevocable election between price production and county revenue protection, or individual revenue protection for 2014-2018 crop years.
Producers can expect to sign contracts for ARC or PLC for the 2014 and 2015 crop years in early 2015.
Visit this website or the local FSA office for information.