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PLC (Price Loss Coverage)Subsidy

FSA · New Mexico

Program Overview

Provides price protection when the national average price for a covered commodity drops below its reference price. Pays on base acres, not planted acres.

Program Details
$0–$125+/acre depending on how far price drops below reference
Annual election, typically March 15
Your local FSA office
Low — sign election at FSA, 15 minutes
Required Documents
  • Photo ID
  • FSA farm number
Forms
  • CCC-866 (ARC-CO/PLC Contract)
Pro Tip: PLC pays bigger when prices crash below reference price. Good for crops with volatile prices. Compare with ARC-CO using FSA's online decision tool.
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Your Local FSA Office
FSA Chaves County Farm Service Agency
300 North Pennsylvania Avenue, Roswell, NM 88201
(575) 622-8745
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Frequently Asked Questions

Who may qualify for PLC in New Mexico?

Provides price protection when the national average price for a covered commodity drops below its reference price. Pays on base acres, not planted acres. Contact your local FSA office in New Mexico for specific eligibility requirements.

How much does PLC pay?

Value range: $0–$125+/acre depending on how far price drops below reference. Actual amounts depend on your specific situation, crops, and acreage.

When is the PLC deadline?

Annual election, typically March 15. Contact your local FSA office for the most current dates.

How do I apply for PLC in New Mexico?

Apply at Your local FSA office. Required forms: CCC-866 (ARC-CO/PLC Contract).

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Program information sourced from USDA. Eligibility described here is general guidance only. Confirm at your local FSA or NRCS office. FarmGrant is not affiliated with USDA.