Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 11/9/17

The 2014 farm bill required farms to choose between ARC (Agriculture Risk Coverage) and PLC (Price Loss Coverage). While overlap in payments can occur, ARC and PLC have different design components that suggest they are not substitute programs. This suggestion is supported by an examination of payments per base acre made by these 2 programs for the 2014 through 2016 crop years.

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