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No. You still own your land and it can be sold, however the easement restricts development (as defined by the program) of the land in perpetuity, for all current and future owners.
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This program is operated in accordance with Pennsylvania's guidelines under Chapter 138e and is a deed restriction that landowners voluntarily place on their property to protect productive agricultural land in perpetuity.
Applications can be submitted any time of the year, however the application period is from January 1 to 31 each year. For instance, if you submit an application in August, it will be held for the next application period.
No. An agricultural conservation easement preserves the property in perpetuity by preventing development or improvement of a parcel for a purpose other than agricultural production. It does not give the public the right to enter the property unless the landowner gives permission. (Such as for hunting, etc.)