An ag economist says the complexity of the current risk management tools available to farmers will be at the forefront of the farm bill debate.
Purdue University’s David Widmar says the Agriculture Risk Coverage /Price Loss Coverage programs will likely come under increased scrutiny. “We’re in a tough time in agriculture,” he says. “The ARC program starts to fade out in the next couple of years and producers are going to look for what the program set-up might look like.”
He tells Brownfield because program payments are difficult to calculate, a very small percentage of producers know what their ARC/PLC payments could be for the coming year – and that makes determining the benefits of the programs difficult to figure for any operations.
Continue reading ARC/PLC could come under scrutiny in farm bill debate at Brownfield Ag News.
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