February 3, 2020

Is USDA’s ARC-IC Program A Good Fit For You?

Purdue ag economists Michael Langemeier and James Mintert focus just on the ARC-IC 2018 Farm Bill program to help clarify where it fits best. A longer more detailed version of all farm bill program choices was discussed in our January 16th webinar (click here to view). Decide how to choose from among USDA’s ARC-County, ARC-IC or PLC program choices when you sign your farm up for the 2019 and 2020 crop years. USDA’s sign-up deadline is March 15th.

The Center for Commercial Agriculture has scheduled a couple Farm Bill 2020 Decision Making workshops for February 5th and 12th. Click here to view more information and register for one of these free workshops, download the slidedeck presented during the January 16th webinar, and for a link to the Microsoft Excel spreadsheet decision tool discussed during the webinar.

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RELATED RESOURCES

February Indiana Crop Basis Update & Using the Crop Basis Tool to Plan Storage Hedges

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2025 Crop Cost and Return Guide

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The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the February 2025 crop budget estimations for 2025.

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Through the first three weeks of January, corn and soybean basis have been stable or weakened slightly. This is a continuation of the stabilization and slight weakening that started in December and follows statewide strengthening throughout November. Before November, the 2024-2025 crop basis levels were well below the three-year average.

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UPCOMING EVENTS

We are taking a short break, but please plan to join us at one of our future programs that is a little farther in the future.