The Vice President of Crop Insurance for Farm Credit Illinois says there have been a lot of questions from farmers deciding between the Agriculture Risk Coverage and Price Loss Coverage programs this year.
Jack Young tells Brownfield it can be difficult to make a decision based on a 2021 marketing year average price that does not start until September 1st of this year.
“We have got to look at that reference price on the PLC side, $3.70 for corn and $8.40 for soybeans.