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Indicating ARC/PLC choice to crop insurance?
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sand85
Posted 7/10/2019 19:44 (#7607580 - in reply to #7607538)
Subject: RE: How could my crop insurance agent ...................


C IL
Well, if you elect PLC there is an option to buy up private SCO insurance, which you get from your crop insurance agent. This has existed since the last farm bill, so was that since 2014 at least? It’s not very popular in the corn belt, I don’t believe.

As far as this ‘indication’ thing, I’m here asking the questions since I don’t have the answer. I think it’s a one time thing due to the late ARC/PLC election signup. I don’t know if it locks you into your SCO premium, or just allows the private companies to get covered in the futures/option market, or what.

Edited by sand85 7/10/2019 19:46
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