Farm owners and producers have an extra week to decide between the Agriculture Risk Coverage and Price Loss Coverage, safety net programs established by the 2014 Farm Bill. Secretary of AgricultureTom Vilsack pushed the deadline back to April 7th, which is also the final day to update yield history or reallocate base acres.

If no changes are made by the deadline, the farms’ current figures will be used and if a program choice isn’t made, there will be no 2014 crop year payments for the farm and the farm will default to Price Loss Coverage for the 2015 through 2018 crop years.

Producers are encouraged to make an appointment with their local FSA office before April 7th. The programs are to provide financial protection against unexpected changes in the marketplace.

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