FSA payments issued and removing hay bales from CRP

The 2015 Agriculture Risk Coverage (ARC) & Price Loss Coverage (PLC) payments have been issued in the last week. PLC program payments are issued when the effective price of a covered commodity is less than the respective reference price for that commodity.

The effective price equals the higher of the market year average price (MYA) or the national average loan rate for the covered commodity. The PLC payment amount for a covered commodity is equal to 85 percent times the base attributable to the covered commodity, times the payment rate for the covered commodity. If you have questions concernin...