Expected prices for 2024 are above PLC effective reference prices, so I recommend ARC-CO for corn, soybeans, wheat, and oats for Wisconsin farmers. However, if you want to add SCO (Supplemental Coverage Option) crop insurance on top of your regular crop insurance policy, you will need to choose PLC for all base acres for that crop.
Summary of recommendations for Wisconsin farmers for the 2024 crop year:
- Corn, Soybeans, Wheat, Oats: Signup for County ARC (ARC-CO), but if you want to buy SCO (Supplemental Coverage Option) crop insurance, then signup for PLC
- Sorghum, Barley, Sunflower Seeds: Signup for County ARC (ARC-CO)
Resources for Making ARC and PLC Decisions for 2024
UW ARC/PLC Extension Page: https://aae.wisc.edu/pdmitchell/extension/arc-plc-signup/
- Videos: Signup Recommendations for 2024: https://youtu.be/dHWJ5SQKLc4
- Blog Post: 2024 ARC and PLC Signup Recommendations https://aae.wisc.edu/pdmitchell/2024/01/05/arc-and-plc-recommendations-for-2024/