The Agriculture Risk Program (ARC) in the 2014 Farm Bill
A) is a traditional counter-cyclical program where farmers receive government pay-outs when market prices fall below legislated reference prices.
B) offers financial assistance to dairy producers when pesticides or other residues contaminate the dairy farm's production, and a government agency compels the producer to remove his/her milk from the commercial market.
C) is an insurance-style deficiency payment program. Qualified dairy producer participants cany choose to pay increased premiums for increased net income coverage. The program premiums are subsidized.
D) is a counter-cyclical commodity program that provides protection from severe downturns in farm revenue (price multiplied by yield)
E) is the one 2014 Farm Bill commodity program that is no longer subject to the ""Sodbuster"" Conservation Cross-Compliance provision.

Question

Quizplus · Accepted Answer

ARC is a program that provides revenue protection (price multiplied by yield) ARC is attractive to producers seeking a safeguard against revenue falloffs associated with either price or yield reductions.