News

Updates on ARC and PLC Recommendations for 2024

Farmers have until March 15, 2024 to make their final commodity program decisions for their base acres for each crop and each FSA farm. Price expectations for 2024 crops have declined since January, so that …

ARC and PLC Recommendations for 2024

With the 1-year extension of the 2018 Farm Bill, farmers have until March 15, 2024 to make their commodity program decisions for their base acres for each crop and each FSA farm. Changes for this …

Ways to Reduce Borrowing for Your Farm

Interest rates for new ag loans have reached 15-year highs, averaging 8.5% for short-term loans during the 3rd quarter of 2023 in the region. Farmers are looking for ways to reduce borrowing as they look …

ARC and PLC Recommendations in Brief for 2023

Expected prices for 2023 are well above PLC reference prices, so I recommend ARC-CO for corn, soybeans, wheat, and oats for Wisconsin farmers, but do not expect ARC or PLC payments for the 2023 season. …

ARC and PLC Recommendations for 2023

Signup for the USDA commodity support programs Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) for the 2023 crop year began October 17, 2022. Farmers have until March 15, 2023 to make or change …

ARC and PLC Recommendations in Brief for 2022

Expected prices for 2022 are well above PLC reference prices, so I recommend ARC-CO, but do not expect large payments from ARC or PLC. If you want to buy SCO (Supplemental Coverage Option) crop insurance …