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Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) payments

  • Farm & Commodity Policy
The chart shows Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) payments from 2014 to 2023. Payments peak in the early years, especially in 2015 and 2016, when total payments exceed $7 billion, with ARC making up the majority. PLC payments become more prominent in 2019, when they reach their highest level in the series. After 2019, both ARC and PLC payments drop sharply, with payments from 2021 to 2023 a fraction of previous levels.

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The chart shows Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) payments from 2014 to 2023. Payments peak in the early years, especially in 2015 and 2016, when total payments exceed $7 billion, with ARC making up the majority. PLC payments become more prominent in 2019, when they reach their highest level in the series. After 2019, both ARC and PLC payments drop sharply, with payments from 2021 to 2023 a fraction of previous levels. 

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