Farmers Have to Choose a New Risk Management Program

famer & laptopLet’s face it farming is not easy and manging risks amists Mother nature’s whims is even more risky. The only upside is that Congress is trying to help producers with new, innovative 21st Century risk management programs.

Farmer will have to make a choice between Risk Management Programs very soon. The US Department of Agriculture (USDA) recently unveiled new programs as part of the 2014 Farm Bill that will help farmers manage their risks: Agricultural Risk Coverage (ARC) & Price Loss Coverage (PLC). The choice producers make in the next few months will be irrevocable and used for the next five crop years.…

Online Tools to Help You Choose Farm Risk Management

To help farmers choose between Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC), USDA helped create online decision tools that allow farmers to enter information about their operation and see projections about how each program will benefit them under possible future scenarios. The new tools are now available at …

USDA Releases New Programs to Help Farmers Manage Risk

Using online tools to decide best risk management

Using online tools to decide best risk management

U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced much anticipated new programs to help farmers better manage risk, ushering in one of the most significant reforms to U.S. farm programs in decades. These new programs, including the Agriculture Risk Coverage program (ARC), are a departure from New Deal-era target price policies and represent one of the most significant Farm Policy reforms in decades. …