Agricultural producers who have not yet enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs for the 2024 crop year have until March 15, 2024, to revise elections and sign contracts.

Both safety net programs, delivered by USDA’s Farm Service Agency (FSA), provide income support to farmers who experience substantial declines in crop prices or revenues for the 2024 crop year.

Producers can elect coverage and enroll in ARC-County or PLC, which provide crop-by-crop protection, or ARC-Individual, which protects the entire farm. Although election changes for 2024 are optional, producers must enroll, with a signed contract, each year. If a producer has a multi-year contract on the farm, the contract will continue for 2024 unless an election change is made.

If producers do not submit their election revision by the March 15, 2024, deadline, the election remains the same as their 2023 election for eligible commodities on the farm. Also, producers who do not complete enrollment and sign their contract by the deadline will not be enrolled in ARC or PLC for the 2024 year and will not receive a payment if one is triggered. Farm owners can only enroll in these programs if they have a share interest in the commodity.

Farmers Alliance Companies in McPherson, KS, have announced that Cornerstone Insurance Group has been named a Farmers Alliance Advantage Agent for 2024.

To qualify as an Advantage Agent, an agency must exhibit superior professionalism and profitability over five consecutive years. Advantage Agents are recognized by Farmers Alliance as the “best of the best.” Reaching this level reflects this agency’s commitment to their customers and community.

Farmers Alliance Companies are represented by independent agents, and serve eight states with a full range of property and liability insurance for homes, farms and businesses. Cornerstone Insurance Group is affiliated with Cornerstone Bank and has 19 insurance offices in 18 communities including Albion, Bartlett and St. Edward.