Farmers Can Now Sign Up for Crop Safety Net Program
Jennifer Lewerenz | Oct 18, 2019 AT 12:22 pm
(KNSI) - Minnesota Senators Amy Klobuchar and Tina Smith, both members of the Senate Agriculture Committee, announced that farmers can now enroll in the Agriculture Risk Coverage and Price Loss Coverage programs for the 2020 crop year.
The U.S. Department of Agriculture safety net programs help provide Minnesota farmers with financial support when crop revenue and commodity prices fall below certain levels. Klobuchar and Smith pushed to reauthorize both programs in the 2018 Farm Bill to safeguard producers from unexpected losses.
In a statement, Klobuchar says, “Our farmers are a key part of our agricultural community and agricultural economy, and they need stability. As the backbone of our economy, farmers throughout Minnesota and across the country deserve our support during periods of uncertainty like we are experiencing now. With the Agriculture Risk Coverage and Price Loss Coverage programs, Minnesota farmers can receive the support they need. We encourage all eligible producers to sign up at their local Farm Service Agency office.”
Smith adds, "Farming is a pillar of the Minnesota economy and we need to bring stability and predictability to family farmers during times of uncertainty. I worked to protect producers from unforeseen loses by fighting for these programs during the 2018 Farm Bill debate. I encourage eligible Minnesotans to take advantage of this opportunity.”
The Agriculture Risk Coverage program provides income support payments on historical base acres when actual crop revenue declines below a specified guarantee level.
For additional questions and assistance, contact your local USDA service center. To locate your local FSA office, click here.