ISU Extension & Outreach To Hold Series Of Informational Meetings Pertaining To ARC/PLC & Crop Insurance
(Spirit Lake)-- Iowa State University Extension and Outreach will be holding a series of informational meetings later this month and in March pertaining to the farm bill. Gary Wright, Farm Management Specialist with ISU Extension and Outreach, says the sessions are being in the days leading up to the March 15th sign up deadline for Price Loss Coverage, or PLC, and Agriculture Risk Coverage, or ARC programs...
"All of those acronyms and all of the alphabet soup is the same as what it was a year ago. The only difference is it's the same farm bill. It's a 5-year farm bill. We're into the 3rd year of that, so it's not brand new to folks, but you have to make a decision just like you did last year for the upcoming 2021 crop year."
Wright says the meetings will also address crop insurance, which he says goes hand-in-hand with PLC and ARC...
"Because those two go so closely together although you typically buy your crop insurance from a local crop insurance agent, they do, good decisions are going to be matching up those two decisions with one another a little bit, okay, and then we'll actually review, because of the decisions that have to be made in both regards, we'll actually also be reviewing what's commonly referred to as outlook. We're going to talk about the grain markets a little bit, the grain and livestock markets. We won't get into a whole lot of depth, but we'll try to relate that in terms of prices, with what that might mean to what a producer's going to want to do as it relates to those earlier two decisions that they're going to be facing."
Wright adds that by doing nothing regarding PLC and ARC, producers will continue with what they have. And for some, he says that is not a good option...
"Major decisions were made last year for what was called PLC program and the ARC county program for soybeans and by letting that deadline pass, they will default to that. And I don't think that based on best information we have right now that would be in the best interest of a producer."
Wright bases that on current markets and what's projected.
Current in-person meetings are scheduled as follows:
- Feb. 17, 5:30 p.m., Expo Center, 310 NE 1st St., Pocahontas; Preregister to 712-335-3103.
- Feb. 23, 9:30 a.m., ISU Extension and Outreach Cherokee County Office, 209 Centennial Dr., Cherokee; Preregister to 712-225-6196.
- Feb. 24, 9:30 a.m., Prairie Lakes AEA Building, 824 Flindt Dr., Storm Lake; Preregister to 712-732-5056.
- March 1, 7:00 p.m., Le Mars Convention Center, 251 12th St. SE, Le Mars; Preregister to 712-546-7835.
- March 2, 5:30 p.m., Dordt University Ag Stewardship Center, 3648 US 75, Sioux Center; Preregister to 712-737-4230.
- March 4, 1:00 p.m., Immanuel Lutheran, 409 N. 6th St., Estherville; Preregister to 712-362-3434
- March 9, 9:30 a.m., Community Room, Dickinson County Fairgrounds, 1602 15th St., Spirit Lake; Preregister to 712-336-3488.
- March 11, 9:30 a.m., Grace United Methodist Church, 311 2nd Ave. W, Spencer; Pre-register to 712-262-2264.
If you would prefer to attend a virtual learning session, visit the Ag Decision Maker Farm Bill information and resources webpage at https://www.extension.iastate.edu/agdm/info/farmbill.html. Additional questions can be directed to Gary Wright at 712-223-1574 or firstname.lastname@example.org.