Producers with generic base acres have until Dec. 7, 2018, to allocate generic base acres, update yields, make a program election for seed cotton base acres and enroll farms that formerly contained generic base acres.
The Bipartisan Budget Act of 2018 (BBA) authorizes seed cotton as a covered commodity under the The Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs effective for the 2018 crop year.
Owners of a farm with generic base acres as of September 30, 2013, and recent planting history of covered commodities, have a one-time opportunity to allocate generic base acres. Implementation of the seed cotton provisions will be similar to those for crops initially included in 2015 in the ARC/ PLC programs resulting from the 2014 Farm Bill.
The process will be multi-step to allocate generic base acres to seed cotton base acres.
- Determine if a covered commodity was planted on the farm during the 2009 through 2016 crop years.
- Identify planted and considered planted (P&CP) history of covered commodities, including upland cotton, on the farm with generic base acres.
- Current owner(s) of the farm allocate generic base acres to seed cotton or allocate generic base to seed cotton and other planted covered commodities as applicable.
- Current owner(s) of the farm updates the seed cotton yield.
- Current producer(s) on the farm elect the applicable program (ARC or PLC) for seed cotton, unless ARC-Individual Coverage (ARC-IC) was previously elected on the farm.
- The producer(s) on the farm enroll the farm.
For more information, producers are encouraged to visit their local FSA office.