Posted 1/12/2021 13:03 (#8745185 - in reply to #8743718) Subject: RE: ARC-co verses PLC
Premium cost. ECO at 44% subsidization rate and SCO at subsidized at 51% mean higher premiums. An example last year in a higher variability county, 80%EU corn and SCO ran $25. ECO on top of that is likely to run $50 especially with higher volatility come spring. Thats a strong premium for counties where expected yield averages are in that 150-170 bu range. With cost and payout likely hood, its practically a no brainer in central and northern IL. In S IL is becomes more of a question of "can one insure their way to profitability".