ARC Looks Better in Midwest

Early Reviews Show Better Revenue Protection for Corn, Soybeans

Jonathan Coppess, a University of Illinois economist, said in a webinar on Wednesday that the initial conclusions show the new farm program ARC is more likely to pay for corn and soybean farmers than its counterpart, PLC. Coppess is a former Farm Service Agency administrator and a congressional staffer who worked on farm programs. (Graphic courtesy of the University of Illinois)
In a webinar on Wednesday breaking down the new commodity programs, a University of Illinois economist said the initial conclusions show most Midwest corn and soybean farmers would reach the 10% benchmark cap on the county-based ARC revenue guarantees. Yet...

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