How ARC, PLC Elections Shape Up

August 28, 2015 08:59 AM
 
farm_bill

The country’s corn and soybean farmers have overwhelmingly chosen ARC (Agricultural Risk Coverage) as their farm bill safety net through 2018. As expected, there were some regional splits, with Midwestern farmers generally opting for ARC and Southern producers choosing PLC (Price Loss Coverage).Farmers must now formally enroll in the program by Sept. 30. 

Farmer Elections for Key Commodity Crops in Terms of Acres

PLC_vs_ARC_graphic

(Click image for larger view) 

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Comments

 
Spell Check

Zorcon
Western, NE
8/28/2015 07:01 PM
 

  Like it friggin matters! MYA wheat price for 2014 sits at $5.99 per bushel and yields were exceptional so no ARC or PLC payment for 2014. We have corn farmers in my area ditching their local county FSA office for a contiguous county office that has a better ARC yield. When you can pick up $68/acre why not? However, FSA office personnel I'm told are going through to determine if that's the specific reason the farmer is changing offices, their request to change may be denied. Congress f'd-up on this farm bill. Farmers were too blind by the high prices to realistically think about a sufficient farm bill. Crop insurance this year will be woefully inadequate unless you were totally wiped out! But, I can only say, it's the farmer himself to blame for not being PRUDENT in the past seven or so years!

 
 

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