As a group, US farmers’ decision on which commodity program to elect captured only about 67% of potential ARC-CO and PLC payments during the 2021-2024 crop years. This article proposes a simple decision guide that a “what if” analysis found would have captured around 93% of potential 2021-2024 crop year ARC-CO and PLC payments, compared to 67% actually paid to farmers, a substantial improvement.
ARC-CO and PLC Payments: Improving Farmers’ Decision Making
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