A crop insurance expert says more farmers are working on their crop insurance a little earlier, and many of them are making changes.
Lucas Commey with Compeer Financial says the Farm Service Agency is prompting farmers to make their decisions about Ag Risk Coverage and Price Loss Coverage (ARC & PLC) sooner. “There’s a program called SCO or a policy called SCO, Supplemental Coverage Option, and there are some ties there, and that policy is very much in play this year so you’ve got to, based on your decision at FSA, determines whether you can take that policy or not, so we’re seeing some people coming in.”
Commey tells Brownfield the Supplemental Coverage Option has been around since the 2014 Farm Bill but required being in the PLC program.
