Success StoryFarm Bill and Crop Outlook Meeting



Farm Bill and Crop Outlook Meeting

Author: Beau Neal

Planning Unit: Woodford County CES

Major Program: Grain Crops

Plan of Work: Unrelated to a specified County Plan of Work

Outcome: Initial Outcome

Sometimes for farmers, it can be very difficult to navigate the details of the farm bill and how it relates to their ARC/PLC payments through the FSA office.  Decisions on which coverage to take can hinge greatly on the current market situation and/or outlook.  Different circumstances require different choices to be made, and payments can vary significantly if the wrong choice is made.  This program is geared towards grain farmers with corn and soybeans.  It will help farmers with 2018 Farm Bill decisions for 2019 and 2020 Crops. Examples will illustrate the prices and yields where PLC may provide larger payments than ARC.  The market outlook will be provided for the 2019 and 2020 crops along with a discussion of the safety net provided by crop insurance, farm program payments, and marketing tools to manage revenue risk.  








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