10.112: Price Loss Coverage
Alternate Name: PLC
Overview
Program Number
10.112
Status
Active
Last Modified
Aug. 3, 2022
Date Posted
Aug. 3, 2022
Objective
The Price Loss Coverage program (PLC) is carried over from the 2014 Farm Bill. PLC provides income support through price loss payments to eligible producers.
Type of Assistance
C - Direct Payments for Specified Use
Applicant Eligibility
An eligible producer is eligible to enter into a contract if 1) the owner of the farm has an ownership of a crop and assumes all or a part of the risk producing a crop that is commensurate with that claimed ownership of the crop; 2) a producer, other than the owner, on a farm with a share-rent lease for such farm, regardless of the length of the lease, if the owner of the farm enters into the same contract; 3) a producer, other than an owner, on a farm who rents such farm under a lease expiring on or after September 30 of the year of the contract in which case the owner is not required to enter into the contract; 4) a producer, other than an owner , on a farm who cash rents such farm under a leasing expiring before September 30 of the year of the contract; 5)An owner of an eligible farm who cash rents such farm and the lease expires before September 30 of the year of the contract, if the tenant declines to enter into a contract for the applicable year.
Beneficiary Eligibility
PLC provides payments to eligible producers on farms enrolled for the 2019 through 2023 crop years.
Related Programs
Additional Information
Federal Award Analysis
Price Loss Coverage grant spending
$-
Contracts
$-
Subcontracts
$-
Grants
$-
Subgrants
$-
Total
No Results
Calculating
Calculating
No Results
Calculating
Calculating
No Results
Calculating
Calculating
| Year | Contracts | Subcontracts | Grants | Subgrants |
|---|
No Results
Calculating
Calculating
No Results
Calculating
Calculating
Grant Awards
Price Loss Coverage direct grants
Grant Opportunities