Farmers have an additional week, until April 7, to choose between Agricultural Risk Coverage and Price Loss Coverage, the two-safety programs established by the 2014 farm bill, the U.S. Department of Agriculture announced Friday.
"This is an important decision for producers because these programs help farmers and ranchers protect their operations from unexpected changes in the marketplace," USDA Secretary Tom Vilsack said in a news release.
"Nearly 98 percent of owners have already updated their yield and base acres, and 90 percent of producers have enrolled in ARC or PLC," Vilsack added. "These numbers are strong, and continue to rise. This additional week will give producers a little more time to have those final conversations, review their data, visit their local Farm Service Agency offices, and make their decisions."
