Crop insurance deadline approaching

February 21, 2019

 

As farmers make plans for spring planting, they should also be making decisions on crop insurance coverage.

Tyler Urban, First National Bank crop insurance specialist and Tea area farmer, said not much has changed for crop insurance in the 2018 farm bill that was signed into law in December. However, producers should note one change on Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC), which producers work through at their local Farm Service Agency (FSA) office.

“They can change their annual elections after the 2019 to 2020 drop year. 2021, 2022 and 2023 can be chosen individually based on information, unlike the previous farm bill where farms were enrolled for that entire five-year period,” he said.

 

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