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.
Recorded April 1, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide updated information from USDA’s March 31st release of their Prospective Plantings and Grain Stocks reports along with implications of COVID-19 on the outlook for corn and soybeans.READ MORE
This University of Illinois spreadsheet calculates Agricultural Risk Coverage for County Coverage (ARC-CO), Agricultural Risk Coverage for Individual Coverage (ARC-IC), and Price Loss Coverage (PLC) payments. County yields and market year average (MYA) prices are brought in for a user-specified state-county-crop combination. Users then can change 2018 through 2020 county yields and prices to see ARC-CO, ARC-IC, and PLC payments under those yields and prices.READ MORE