The Perspectives of two Agricultural Economists

ARC-CO Revenue Guarantees and The Falling Farm Safety Net

The establishment of the ARC/PLC program in the 2014 farm bill was a relatively major change in the structure of U.S. farm program payment mechanisms.  For most producers, the amount of coverage provided by the ARC-CO program has declined since 2014.  We examine the extent of the declines and which commodities have seen the biggest impacts.

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