Declining ARC protection
Story Date: 10/16/2017

 

Source: Chris Clayton, THE PROGRESSIVE FARMER, 10/13/17

One of the questions facing lawmakers as they write a new farm bill is what to do about declining support from the Agricultural Risk Coverage program that so many farmers enrolled in after the 2014 farm bill. ARC-County has been on a sliding scale since it went into effect for major parts of corn- and wheat-growing regions as farm-gate prices have declined. A Congressional Budget Office analysis last summer projected that, if given a chance, farmers would switch more than 90% of corn base acres from ARC to Price Loss Coverage.

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