An ag economist says deciding between the Ag Risk Coverage program and the Price Loss Coverage program is easy this year and farmers should spend more time focusing on a marketing plan.
Paul Mitchell with the University of Wisconsin tells Brownfield because of crop prices and the triggers for ARC and PLC, it’s clear which program to use. “PLC for corn. Even that $3.70 floor is still a better deal. I don’t expect it to trigger this year, but that’s a better risk management.