USDA · COMMODITY · PLC · PRICE-REV

Price Loss Coverage

PLC - a USDA commodity farm program administered by the Farm Service Agency. How it works, who it serves, and where the federal dollars go.

What the PLC Program Data Shows

The Price Loss Coverage (PLC) is a commodity program (stamp COMMODITY · PRICE-REV) administered by the USDA Farm Service Agency. PLC provides payments when the effective price for a covered commodity falls below the effective reference price. Introduced in the 2014 Farm Bill. Figures on this page draw from the USDA Economic Research Service Farm Income and Wealth Statistics series and FSA program definitions, not academic estimates.

State concentration on the ERS PLC payments (FY snapshot) column is the headline for PLC. The top three - Texas ($2M), Arkansas ($2M), Montana ($1M) - lead that pole because their production and acreage profiles align with commodity coverage, not because every program page recycles the same national total ranking. Farm Bill negotiations repeatedly revolve around whether a commodity-heavy program continues at current levels, tightens eligibility, or shifts funding into other Titles.

Reading PLC in isolation misses the stack. Pair this page with the category peer drills below and each state's full ERS portfolio (commodity, conservation, insurance, disaster) before judging program effectiveness or equity.

About This Program

PLC provides payments when the effective price for a covered commodity falls below the effective reference price. Introduced in the 2014 Farm Bill.

States by PLC payments (FY snapshot)

States ranked on the ERS plc_payments column, the COMMODITY pole for PLC, not a recycled all-program national total.

Top states by PLC payments (FY snapshot)

Texas$2MArkansas$2MMontana$1MLouisiana$699KFlorida$291KAlabama$282KGeorgia$266KNorth Carolina$233KIdaho$198KMissouri$177K
# State PLC payments (FY snapshot)
1 Texas $2M
2 Arkansas $2M
3 Montana $1M
4 Louisiana $1M
5 Florida $0M
6 Alabama $0M
7 Georgia $0M
8 North Carolina $0M
9 Idaho $0M
10 Missouri $0M

Source: USDA Farm Service Agency, Farm Income and Wealth Statistics (1995-2024)

Frequently Asked Questions

What is the Price Loss Coverage (PLC)?

The Price Loss Coverage (PLC) is a USDA commodity program (stamp COMMODITY · PRICE-REV). PLC provides payments when the effective price for a covered commodity falls below the effective reference price. Introduced in the 2014 Farm Bill.

Who administers the PLC program?

The Price Loss Coverage is administered by the USDA Farm Service Agency (FSA). Farmers and ranchers apply through their local FSA county office. Eligibility and payment calculations vary by program rules set in the Farm Bill.

How does the PLC differ from other USDA programs?

The PLC falls under the commodity category of USDA programs. Commodity programs provide price and revenue protection for specific crops, unlike conservation programs that reward land stewardship or disaster programs that respond to weather events.

Which states lead on PLC payments (FY snapshot) relevant to PLC?

On the ERS PLC payments (FY snapshot) column, leading states include Texas ($2M), Arkansas ($2M), Montana ($1M). Rankings are category-pole specific, not a recycled national total.

Program Details

Full Name
Price Loss Coverage
Abbreviation
PLC
Category
COMMODITY
Band
PRICE-REV
Administered by
USDA Farm Service Agency
Data: USDA ERS Farm Income and Wealth Statistics. Program descriptions from USDA FSA. Stamps COMMODITY · PRICE-REV.

Read with PLC

Same-lane FSA peers and the leading ERS state pole for Price Loss Coverage (COMMODITY · PRICE-REV), replacing the old fixed Guides / Explore more chrome.

COMMODITY PRICE-REV

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the USDA Farm Service Agency. Consult a qualified professional before making decisions based on this data.

Every figure on PlainFarmData is rendered from USDA ERS Farm Income and Wealth Statistics (state and national payments) or the USDA NASS Census of Agriculture (county farm structure), depending on the page, no number is typed in by an editor. This page draws directly on USDA Farm Service Agency source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.