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Expanding Farmer's Subsidized Risk Coverage
3 months ago
13
Agriculture Risk Coverage (ARC) & Price Loss Coverage (PLC) are systems in place to help subsidize farmers during periods of natural disaster or economic recession by paying farmers for crops if prices drop below a certain value or if the farm experienced a qualified natural disaster. Section 10303 of the Big Beautiful Bill expands the ARC and PLC coverage programs to open enrollment until 2031 and also allows farmers who accept ARC to now also be eligible for Crop Insurance.
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