Source: Gary Schnitkey, FARM DOC DAILY, UNIV. OF ILLINOIS, 3/7/17


The two Federal safety net program providing risk protection to crop farmers are crop insurance and the commodity title of the farm bill, with commodity title payments coming through Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) programs. Crop insurance guarantees will be higher in 2017 than in 2016, particularly for soybeans. Commodity title program payments likely will be limited in 2017. The "transitional" payments associated with ARC likely are ending with the 2017 crop year. 

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