Farmers have until April 7 to decide between the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) safety net programs, USDA announced Friday.
The decision comes just days after Secretary of Agriculture Tom Vilsack suggested an extension remained a possibility.
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"This is an important decision for producers because these programs help farmers and ranchers protect their operations from unexpected changes in the marketplace," Vilsack stated in a news release. "Nearly 98% of owners have already updated their yield and base acres, and 90% of producers have enrolled in ARC or PLC. 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."
The deadline originally had been scheduled for March 31.
Farmers may also finish updating yield history and reallocating base acres by April 7.