Agricultural Act of 2014 - program sign up

The 2014 Farm Bill authorizes three program election options: Price Loss Coverage (PLC), Agricultural Risk Coverage-County (ARC-CO) and Agricultural Risk coverage-Individual (ARC-IC). PLC payment are issued when the effective price of a covered commodity is less than the respective reference price for that commodity established in the statute for 2014-2018 crops. ARC-CO payments are issued when the actual county crop revenue of a covered commodity is less than the ARC-CO guarantee for the covered commodity.