ARC (the Agriculture Risk Coverage program) was introduced in the 2014 Farm Bill as a way for farmers to manage crop production and price risks. According to the USDA1, nationwide, 96% of soybean farms, 91% of corn farms, and 66% of wheat farms elected ARC-County. 76% of all base elected ARC-County.
Cansler Consulting worked with the National Corn Growers Association in helping producers better understand the ARC policy and its implications given the ever-growing complexities of the global marketplace for commodities.
The amount of corn in the global marketplace makes it extremely price-sensitive to both supply and demand. Moreover, the U.S. is the world’s largest producer and exporter of corn making it the largest net contributor to the U.S. agricultural trade balance of all agricultural commodities. That’s why it is important that producers have a program like ARC that helps them manage risks from natural occurrences and complex global markets.
We are proud to have helped 91% of corn farms throughout the U.S. in determining ARC was the better program for their farm.
We can help your organization in policy matters too! Contact us today.
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