A University of Wisconsin ag economist says the recent market trends have simplified risk management decisions for most farmers. “Sign up for PLC on corn and wheat, and on soybeans and oats, take the ARC, and don’t expect to get much from those two.”
Paul Mitchell tells Brownfield it is almost always unclear whether farmers should sign up their soybeans for the Agricultural Risk Coverage (ARC) or the Price Loss Coverage (PLC) program, but with current prices, he says the decision is easy.
