Crop production costs are likely to be higher than expected income for many crops in 2025. Thus, proper risk management is important for farms as they approach the upcoming production year.
The University of Wisconsin-Extension offices of Shawano, Oconto, Marinette and Langlade counties are sponsoring a pair of workshops designed to help producers make these important decisions regarding crop insurance coverage, FSA program participation and crop vs. crop planting decisions.
The first workshop will be at 12:30 p.m. Feb. 27 at the Matsche Community Center, 362 Railroad St., Birnamwood. The second is at 10 a.m. March 4 at Lena Town Hall, 6087 Goatsville Road, Lena.
Two key risk management programs that farms may utilize are Crop Insurance and the Farm Service Agency’s Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC). Both of these programs have upcoming decision deadlines; March 15 for crop insurance and April 15 for ARC/PLC. These programs interact to form the base of crop risk management practices for most farms.
Discussion will begin with an overview of the ARC vs. PLC decision process for 2025 and how that choice interacts with crop insurance. The focus will then shift to crop insurance type and coverage selection. Scott Reuss, regional crops and soils educator, will lead the discussion and analysis. Included in the discussion will be ways that producers can maximize coverage and how the choices that farms make impact their per acre premiums and coverage levels.
At the conclusion of the Lena program, any farms wanting to go through an analysis of per acre cost of production estimates with Reuss can remain and do so.
Contact Reuss at 715-732-7510, 715-701-0966, or scott.reuss@wisc.edu for more information. The workshops are partially supported by the Farm Pulse: Grain Marketing and Crop Insurance project.
Categories
