Price Loss Coverage
Department Of Agriculture, Farm Service Agency
The Price Loss Coverage program (PLC) is carried over from the 2014 Farm Bill.
Jargon-free version
Helps eligible producers receive payments when the market price of certain crops drops below a set level. This support helps stabilize their income during tough times.
Quick Facts
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What Is This Program?
What Benefits Are Offered?
Provides direct financial support to agricultural producers when the market year average prices for their covered commodities fall below a predetermined effective reference price. It acts as a safety net against market volatility, aiming to stabilize farm income and manage price risks.
Who Is Eligible?
Industries: agriculture
Region: United States
Other Criteria: agricultural producers, have an interest in a commodity grown on a farm with base acres, commodities grown must be on the list of 22 covered commodities (e.g., wheat, oats, barley, corn, grain sorghum, long grain rice, medium/short grain rice, temperate japonica rice, seed cotton, dry peas, lentils, large and small chickpeas soybeans, peanuts, sunflower seed, canola, flaxseed, mustard seed, rapeseed, safflower, crambe, sesame seed), be actively engaged in farming, be a cash rent tenant (if applicable), meet average adjusted gross income (AGI) limitations
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FAQFrequently Asked Questions
Visit the program page for detailed eligibility requirements.
Contact the program administrator for funding details.
The application deadline is April 15, 2025.
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