Farm Bill program payments in for Panhandle

Nebraska farms have received an estimated $550 million in farm-program payments from the U.S. Department of Agriculture Farm Service Agency as of Nov. 3 under new programs authorized in the Agricultural Act of 2014.

Payments have been made to farms in the Nebraska Panhandle with corn, sorghum and oat base enrolled in the County Agricultural Risk Coverage (ARC-CO) program. No Price Loss Coverage (PLC) payments were made in Nebraska.

ARC-CO payments are triggered when the average county revenue for a covered commodity is less than the county revenue guarantee. The county revenue guarantee is 86...