Assistance program
Price Loss Coverage
$21.5 Billion committed in FY2018–FY2026
- Agency
- Farm Service Agency, Agriculture, Department of
- Assistance
- Direct Payments for Specified Use
- CFDA number
- 10.112
- What it does
- The Price Loss Coverage program (PLC) is carried over from the 2014 Farm Bill. The PLC program provides income support through price loss payments to eligible producers when the effective price for a covered commodity falls below its effective reference price.
- Who benefits
- PLC provides payments to eligible producers on farms enrolled for the 2019 through 2024 crop years.
- Who applies
- An eligible producer is eligible to enter into a contract if 1) the owner of the farm has an ownership of a crop and assumes all or a part of the risk producing a crop that is commensurate with that claimed ownership of the crop; 2) a producer, other than the owner, on a farm with a share-rent lease for such farm, regardless of the length of the lease, if the owner of the farm enters into the same contract; 3) a producer, other than an owner, on a farm who rents such farm under a lease expiring on or after September 30 of the year of the contract in which case the owner is not required to enter into the contract; 4) a producer, other than an owner , on a farm who cash rents such farm under a leasing expiring before September 30 of the year of the contract; 5) An owner of an eligible farm who cash rents such farm and the lease expires before September 30 of the year of the contract, if the tenant declines to enter into a contract for the applicable year.
- Authorized by
- 7 U.S.C. § 9016
Committed by fiscal year
* FY2026 is year-to-date — the fiscal year is still in progress, so its total is still filling in. The striped band and dashed line mark that provisional stretch.
How the money flows
Committed dollars by how this program's money is paid out.
Direct payments
$21.5B
100%
Loans
$12.1K
<1%
Top recipients
By dollars committed.
How to read these numbers
- Committed through this program
Money committed under this assistance listing (its CFDA program), counted in the year each action happened.
- How it's paid
Most programs pay out one way — a grant, or a direct payment to individuals; the flow bar only appears when a program genuinely mixes types.
- Some recipients aren't itemized
For entitlement programs like Social Security and Medicare, the government reports one aggregate instead of naming tens of millions of people, so the recipient roster isn't part of the public record.
- Awards, counted once
An award count is the number of distinct awards with at least one action that year — each counted once, however many times it was amended.
- The colored bars
Every bar on this page splits by how the money moves:
Direct payments