Department of Agricultural Economics Department of Agricultural Economics - Main

Department of Agricultural Economics Extension

ARC/PLC & Crop Insurance

Election and enrollment for the 2019 and 2020 crop year for ARC or PLC is coming this fall, as is the opportunity to update PLC crop yields for the 2020 crop year. OSU is partnering with USDA-FSA to bring you the latest information on federal farm programs, market outlook, and decision tools for your 2019 and 2020 ARC/PLC election decision. More details and a registration link will be posted on this page soon!

The Commodity title of the farm bill (Title I) contains the farm safety net. Two programs are available. The Agricultural Risk Coverage (ARC) program is an average crop revenue election program that pays when the actual per-acre revenue for the county falls below the revenue guarantee. The Price Loss Coverage (PLC) program is a counter-cyclical price program that pays when the national average marketing year price for a covered crop falls below its “reference price.”

Video: 2019 US Farm Bill- ARC and PLC Programs?

For an overview of the two programs, visit the USDA-Farm Service Agency landing page www.farmers.gov

Factsheet: Looking Back at the 2014 Farm Bill for more information on ARC and PLC elections by commodity in Oklahoma for the last farm bill, and how those programs paid out.

Crop Insurance

Crop insurance is in Title XI of the farm bill, and crop insurance programs may protect farmers from market downturns or adverse weather events. The 2018 farm bill maintained many of the crop insurance options of prior farm bills, including the Supplemental Coverage Option (SCO) and, on a more restricted basis, the Stacked Income Protection Plan (STAX).

Factsheet: Supplemental Coverage Option for Winter Wheat Producers

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