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The ARC-CO program provides income support tied to historical base acres, not current production, of covered commodities. ARC-CO payments are issued when the actual county crop revenue of a covered commodity is less than the ARC-CO guarantee for the covered commodity.

Formal business entities, such as limited liability partnerships, limited liability companies, and corporations, can help protect your personal assets from the hazards of operating a farm, minimize taxes, and ease transition of the farm from one generation to the next.

This form collects farming and other information about the individual who receives program benefits directly using the social security number identified in Part A. This form also collects information about entities engaged in farming in which the individual has an interest.

Many farmers have traditionally operated as sole proprietors or as partners in a general partnership. The sole proprietorship is a common type of business structure among farms and is not a legal entity separate from its owner.

The signing of this form gives FSA representatives. authorization to enter and inspect crops/commodities and land uses on the above identified land. A signature date (the date the producer signs the FSA-578) will also be captured. A. CERTIFIER'S SIGNATURE.

Farm structure refers to the composition and organisation of an agricultural productive unit, typically for growing crops and rearing farm animals. Farm structure data allow analysis of the functioning of farms and their responses to events and agricultural policies.