The new farm bill signed by President Trump gives farmers more flexibility in deciding between the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) programs.
Iowa State University farm management specialist Steve Johnson says the first decision will be made next summer.
“I would guess most farmers are going to come back to PLC on corn. Because that reference price is at $3.70 and it will start to be adjusted up in subsequent years,” Johnson says.
Continue reading New farm bill provides more ARC-PLC flexibility at Brownfield Ag News.