October Farm Service Agency Newsletter and Updates for South Carolina Farmers and Ranchers

October 2016

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South Carolina Farm Service Agency October Newsletter


South Carolina
Farm Service
Agency

1927 Thurmond Mall,
Suite 100
Columbia, SC 29201
Phone: 803.806.3820

www.fsa.usda.gov/sc


State Committee:
Robert Battle, Chairperson
Warren Dixon
Mary Frances Koon
Don Sharp
Tom Trantham

State Executive Director:
Wilfred L. Pace

Administrative Officer:
Toni Turner

Farm Programs Chief:
Amy Turner

Farm Loan Programs Chief:
Frank Sligh

Producers can contact their local FSA Office for more information or to schedule an appointment.

Important Dates and Deadlines:

November 11: Offices Closed for Veterans Day

November 15: Perennial Forage and Forage Seeding Reporting Deadline

November 20: NAP Application Closing Date for Grass and other perennial crops

November 24: Offices Closed for Thanksgiving Day

USDA Issues Safety-Net Payments to Farmers in Response to 2015 Market Downturn

The U.S. Department of Agriculture (USDA) announced that beginning today, many of the 1.7 million farms that enrolled in either the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs will receive safety-net payments due to market downturns during the 2015 crop year.

This fall, USDA will be making more than $7 billion in payments under the ARC-County and PLC programs to assist participating producers, which will account for over 10 percent of USDA’s projected 2016 net farm income. These payments will help provide reassurance to America’s farm families, who are standing strong against low commodity prices compounded by unfavorable growing conditions in many parts of the country.

Unlike the old direct payment program, which issued payments during both weak and strong market conditions, the 2014 Farm Bill authorized the ARC-PLC safety net to trigger and provide financial assistance only when decreases in revenues or crop prices, respectively, occur.  The ARC and PLC programs primarily allow producers to continue to produce for the market by making payments on a percentage of historical base production, limiting the impact on production decisions.

Nationwide, producers enrolled 96 percent of soybean base acres, 91 percent of corn base acres and 66 percent of wheat base acres in the ARC-County coverage option. Producers enrolled 99 percent of long grain rice and peanut base acres and 94 percent of medium grain rice base acres in the PLC option. Overall, 76 percent of participating farm base acres are enrolled in ARC-County, 23 percent in PLC and one percent in ARC-Individual. For other program information including frequently asked questions, visit www.fsa.usda.gov/arc-plc.

Payments are made to producers who enrolled base acres of barley, corn, grain sorghum, lentils, oats, peanuts, dry peas, soybeans, wheat and canola. In the upcoming months, payments will be announced after marketing year average prices are published by USDA’s National Agricultural Statistics Service for the remaining covered commodities. These include long and medium grain rice (except for temperate Japonica rice), which will be announced in November, remaining oilseeds and chickpeas, which will be announced in December, and temperate Japonica rice, which will be announced in early February 2017.  Upland cotton is no longer a covered commodity.