WASHINGTON, Feb. 27, 2015 — Agriculture Secretary Tom Vilsack announced today that a one-time extension will be provided to producers for the new safety-net programs established by the 2014 Farm Bill, known as Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC). The final day to update yield history or reallocate base acres has been extended one additional month, from Feb. 27, 2015 until March 31, 2015. The final day for farm owners and producers to choose ARC or PLC coverage also remains March 31, 2015.
WASHINGTON, Feb. 27, 2015 – A bipartisan group of former U.S. Agriculture Secretaries, representing all past Administrations from those of President Jimmy Carter to President George W. Bush, today issued the following open letter urging Congress to pass Trade Promotion Authority. The former secretaries note that boosting trade and exports is highly beneficial to America's agriculture economy and that Trade Promotion Authority—which has been given to all previous presidents since Gerald Ford (with similar authority granted to all presidents since Franklin Delano Roosevelt)—is critical for successfully negotiating new trade partnerships that boost exports and create jobs.
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