Posted 2/8/2019 21:28 (#7307722 - in reply to #7307608) Subject: RE: ARC/PLC - all about knowing your place....
KS and NE in eastern 3rd
Baby Robin - 2/8/2019 20:51
PLC - pick that when your proven yield averages were ABOVE county average. Your yield is the trigger but with your superior yields and in a down trending, low price environment - the price x Yield component would pay you later in the 4 - 5 years period than initially.
Your yield had nothing to do with a PLC payment trigger. PLC is price loss coverage, what you actually raised in that year had nothing to do with payment. PLC was for those who thought the sky was falling