Extending Price Loss Coverage for Farmers to 2031
2 months ago
13
Price Loss Coverage (PLC) is a farmer subsidy that protects farmers against low valued markets of commodities. If the average market price for a commodity, such as wheat or corn, drops below the set reference price, then the Federal Government will make up the difference through PLC and make a payout to the farmer.
Section 10304 of the Big Beautiful bill extends the PLC program into 2031
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