SESD | Was reading the article below on Ag Web this evening. I thought the ARC/PLC election deadline was not until late fall and program signup started after the first of the year ? Apparently not or is the article below wrong ?
Thanks in advance.
Update Your "Farms" by September 26
Sep 15, 2014
I previously wrote on this subject recently, but want to reinforce that you need to take action before September 26, 2014 in order to make sure you do not end up losing any PLC/ARC benefits for this year. The election for ARC or PLC is done on a farm-by-farm basis which includes the operator (the farmer) and all of the related landowners. The election must be unanimous and if one landlord will not agree with the farmer and all of the other landlords, the penalty is very steep.
You will lose any payment for the 2014 crop year and be locked into PLC for 2015 through 2018. Let's see how an example might work:
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