What is everybody's choices for 2019-2020 farm program?

Question

Our yields are higher then county averages, and our county is generally 1 of the higher in the state.

Answer

We’re thinking PLC.  Waiting a little longer to decide.  We’re in Illinois and our yields are higher than county averages and were in a pretty high-yielding county.

Answer

Get the equations and formulas off the usda website and run low mid and high price and yield scenarios for each crop and each program.  Usually, the best program for your operation will stand out.

Answer

When I run the calculators for our farm/county, it looks like PLC for corn and ARC-CO for beans are the most likely best choice. Matter of fact, I can’t find a scenario where ARC will pay more than PLC on corn. On beans, the only scenario where PLC would pay more than ARC is if bean cash prices dropped really low (like $6.50ish).

Answer

If you have a FSA farm number that had 100% prevent plant in 2019 crop year you will want to look at ARC/IC program much higher payments than either of the other too programs.

Community

Analyze

Resources

AcrePlan

Call (844) 200-FARM

Get 0% Financing All Season Long. T&C Apply.

What is everybody's choices for 2019-2020 farm program?

Join Our Community!

This comment section is reserved for FBN members only.