Agricultural Risk Coverage program
E522177
The Agricultural Risk Coverage program is a U.S. farm safety-net initiative that provides income support to producers when their crop revenues fall below guaranteed levels due to price or yield declines.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal agricultural program
ⓘ
farm safety-net program ⓘ |
| abbreviation |
ARC-CO
NERFINISHED
ⓘ
ARC-IC NERFINISHED ⓘ |
| acronym | ARC NERFINISHED ⓘ |
| administeredBy |
Farm Service Agency
NERFINISHED
ⓘ
United States Department of Agriculture ⓘ |
| benefitType | revenue-based payment ⓘ |
| category |
United States agricultural subsidy program
ⓘ
United States federal assistance program ⓘ |
| complianceRequirement | subject to conservation compliance requirements ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| covers |
barley
ⓘ
corn ⓘ grain sorghum ⓘ oats ⓘ other covered commodities as defined in farm bill legislation ⓘ peanuts ⓘ rice ⓘ seed cotton ⓘ soybeans ⓘ wheat ⓘ |
| electionPeriod | producers elect coverage for the duration of a farm bill period ⓘ |
| fundedBy | Commodity Credit Corporation NERFINISHED ⓘ |
| hasOption |
Agricultural Risk Coverage-County Option
NERFINISHED
ⓘ
Agricultural Risk Coverage-Individual Coverage NERFINISHED ⓘ |
| legalBasis |
Agricultural Act of 2014
NERFINISHED
ⓘ
Agriculture Improvement Act of 2018 NERFINISHED ⓘ |
| offersChoiceWith | Price Loss Coverage program ⓘ |
| partOf |
U.S. farm safety net
ⓘ
commodity support programs ⓘ |
| paymentBasis |
historical base acres
ⓘ
program yields ⓘ |
| paymentLimit | subject to statutory payment limitation rules ⓘ |
| policyGoal |
to mitigate revenue risk for crop producers
ⓘ
to stabilize farm income in periods of low prices or poor yields ⓘ |
| purpose | to provide income support to agricultural producers when crop revenues fall below guaranteed levels ⓘ |
| relatedTo | Price Loss Coverage program NERFINISHED ⓘ |
| renewedBy | 2018 farm bill NERFINISHED ⓘ |
| replaced | Average Crop Revenue Election program NERFINISHED ⓘ |
| scope | applies to eligible cropland in participating U.S. counties ⓘ |
| startDate | 2014 ⓘ |
| supports | producers of covered commodities ⓘ |
| targetGroup |
operators of eligible base acres
ⓘ
owners of eligible base acres ⓘ |
| triggerCause |
price declines
ⓘ
yield declines ⓘ |
| triggerCondition | actual crop revenue falls below a guaranteed revenue level ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.