Posted 1/21/2021 09:23 (#8769056 - in reply to #8768394) Subject: RE: What's the wisest this yr? ARCO or PLC for corn / beans?
Except that SCO is based on county yields, and doesn't pay any possible claims until the summer of the following year.
PLC reference prices of $3.70 corn and $8.40 on beans makes it a pretty sure bet that neither will pay. Given, ARC-Co isn't going to pay either, I don't believe (haven't ran calculations lately). I guess around here, I don't see the reason for anyone to be purchasing SCO, or even this new ECO product that has come out.