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Don’t wait until April 15th to make ARC and PLC decisions

An ag economist at the University of Illinois says farmers shouldn’t wait until the deadline to enroll in risk management programs.

Nick Paulson says considering this year’s commodity price expectations will help farmers choose between agriculture risk coverage or price loss coverage.

“Every day these could change, every week these could change,” he says. “It’s really your expectations for what you think the 2025 crop year is going to bring and the type of risk or scenario that you’re most concerned with or would leave your operation most vulnerable.”

He tells Brownfield the recent tariff announcements could create additional challenges for producers.

“That would negatively impact US export competitiveness as well as just there potentially being some cost increases associated with imports,” he says.

Paulson says consulting with local extension agents or FSA offices will help farmers with personalized recommendations.

Paulson made his comments during a recent Farmdoc webinar.