illinifarmradio.com Archives for 2020-02

The Farm Show With Jared White - Schedule 3/2/20 - 3/6/20

Next week on The Show....

 

3/2 am  (6:40a & 1:07p on WHOW)
Rich Guebert Jr. – President of IL Farm Bureau

 

3/2 noon  (12:20p & 4:35p on WHOW)
Mark Schluesener – USDA NASS Chief IL Statistician

 

3/3 am
Myron Kirby, Shelley Finfrock, & Natasha Bacon – DeWitt SWCD Meeting

 

3/3 noon
Adam Nielsen – IL Farm Bureau National Policy Director

 

3/4 am
Colleen Callahan – Director of IL Dept. of Natural Resources

 

3/4 noon
Doug Peters – Macon, Dewitt, Piatt NRCS

 

3/5 am
Nick Anderson – IL Livestock Development Group

 

3/5 noon
TJ Shambaugh – President of Piatt Co Farm Bureau  &
Terri Moore – American Farm Bureau Federation

 

3/6 am
Dr. Shalamar Armstrong – Purdue University on Cover Crop Trials

 

3/6 noon
Travis Meteer – U of I Ext Beef Specialist

 

 

 

 

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The Farm Show With Jared White - Schedule 2/24/20 - 2/28/20

Next week on The Show....

 

It's FFA Week!  We will have an expanded Noon Show all week on both WHOW & WTIM with live interviews from FFA chapters across the area!  

 

Also - the Morning Show next week will feature a LOT of important information shared at our recent WHOW/Peterson Insurance Services Commodity Outlook held in Clinton this week.

 

 

2/24 am  (6:40a & 1:07p on WHOW)
Peterson Ins. & WHOW Commodity Outlook Meeting (Part 1)

 

2/24 noon (12:20p & 4:35p on WHOW)
Blue Ridge FFA  (12:20-12:35p)

Monticello FFA (12:40-1p)

 

2/25 am
Peterson Ins. & WHOW Commodity Outlook Meeting (Part 2)

 

2/25 noon
Tri-Valley FFA (12:20-12:35p)

Mt. Pulaski FFA (12:40-1p)

 

2/26 am
Peterson Ins. & WHOW Commodity Outlook Meeting (Part 3)

 

2/26 noon
Sangamon Valley FFA (12:20-12:35p)

Heyworth FFA (12:40-1p)

 

2/27 am
Peterson Ins. & WHOW Commodity Outlook Meeting (Part 4)

 

2/27 noon
Clinton FFA (12:20-12:35p)

Olympia FFA (12:40-1p)

 

2/28 am
Peterson Ins. & WHOW Commodity Outlook Meeting (Part 5)

 

2/28 noon
Lincoln FFA (12:20-12:35p)

TBA FFA (12:40-1p)

 

 

 

 

 

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Peterson Insurance & WHOW Hosting Commodity Outlook Tuesday Night

 A very important date for ag producers is looming, but a meeting Tuesday night in Clinton is set to provide some insight for local producers.  Jared White has more...

 

 

 

Once again, that free outlook meeting takes place Tuesday night at 6:30p at the Richland Education Center in Clinton.

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The Farm Show With Jared White - Schedule 2/17/20 - 2/21/20

Next week on The Show....

 

2/17 am  (6:40a & 1:07p on WHOW)
David Vetter – Nebraska Organic Farmer

 

2/17 noon  (12:20p & 4:35p on WHOW)
Chelsea Harbach – U of I Ext Commercial Ag Educator

 

2/18 am
Nick Seiter – U of I Professor of Entomology

 

2/18 noon
Ivan Dozier – IL State Conservationist

 

2/19 am
Jerry Wallace – Wallace Land &
Evan Manning – IL Independent Insurance Agents

 

2/19 noon
Rick Clark – Eastern IL/Western IN Farmer 

 

2/20 am
Tory Dahlenhoff – Peoria Economic Development Council on Organic

 

2/20 noon
Julie Armstrong – NREC &
USDA Ag USA on Pears

 

2/21 am
Jim Shaffer – Shelby County Farmer

 

2/21 noon
LIVE @ DeWitt County Farm Bureau

 

 

 

 

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ARC vs. PLC - What's Right For You?

ARC versus PLC scale graphic

Following the implementation of the 2018 Farm Bill, multiple decisions must be made to choose the appropriate payment structure for your crop insurance policies.

Choose which framework is right for you – Agricultural Risk Coverage at the county level (ARC-CO), Agricultural Risk Coverage at the individual level (ARC-IC), or Price Loss Coverage (PLC) – by March 15 for 2019 coverage and June 30 for 2020 coverage. Both 2019 and 2020 coverage must be identical and can be elected at the same time. Beginning in 2021, elections can be made annually through the expiration of the current Farm Bill in 2023.

When first introduced in the 2014 Farm Bill, farmers had to make a five-year decision, and many chose ARC-CO following projections from industry experts that it would pay out faster than PLC. This yielded success for some farm businesses, but left others disappointed with the results. A quick check of the USDA website will display the results of the two programs in your county and provide context for your decision.

Payment Structure

ARC uses two factors in determination of payments – yield and price. ARC-CO revenue guarantees are established with an Olympic average of RMA county yields and national commodity prices. Olympic averages remove outlier years from the calculation. ARC-IC uses each farmer’s actual yields, rather than the county average.

PLC only uses price to determine payments. If the covered commodity’s national marketing year average price falls below the crop’s respective reference price, farmers receive a payment.

If any marketing year’s average price is below the PLC reference price, the reference price is substituted into the indemnity calculation. For example, if a year’s average was $3.36 and the reference price was $3.70, $3.70 would be used instead of $3.36.

2020 Program Decisions

Elections for PLC and ARC-CO can be made on a crop-by-crop and farm serial number basis. Farmers may decide to diversify their coverage types, choosing PLC for one crop and ARC-CO for another. If electing ARC-IC, the program applies to all covered commodity base acres on a farm.

If not specifically elected by March 15, 2020, your 2019 and 2020 coverage will default to a continuation of the program selected for the 2014 Farm Bill. Additionally, farmers will not be eligible for a 2019 payment.

Yield Submission in 2020

Farmers will have a one-time opportunity to potentially raise their guarantee by updating PLC program yields in 2020, regardless of program election. Updated yields will use the average yield per planted acre from 2013-2017. Landowners must sign-off on submitted yields.

Annual Decisions Beginning in 2021

Beginning in 2021, farmers can choose between ARC-CO, ARC-IC, and PLC annually through 2023.

Although more decisions must be made, the added flexibility allows farmers to strategically select the option for their operation’s bottom line. Contact your FCI crop insurance agent to discuss how each program could work in your farm’s risk management plan.

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The Farm Show With Jared White - Schedule 2/10/20 - 2/14/20

Next week on The Show....

 

2/10 am  (6:40a & 1:07p on WHOW)

Trent Ford – IL State Climatologist

 

2/10 noon  (12:20p & 4:35p on WHOW)

Joe Buhrmann – Country Financial Farm Legacy Meetings

 

2/11 am

David Murphy – 360 Yield Center @ Gordyville

 

2/11 noon

Aaron Hager – Professor of Weed Sciences @ U of I

 

2/12 am

Travis Meteer – U of I Extension Beef Specialist

 

2/12 noon

Tyler Eads – Illinois Grain & Seed Equipment @ Gordyville

&

Darren Moser – Macon/Dewitt/Piatt NRCS

 

2/13 am

Taidghin O'Brien – Illinois Organic Growers Conference

 

2/13 noon

Emerson Nafziger – Professor Emeritus of Crop Sciences @ U of I

 

2/14 am

Josie Rudolphi – U of I on Mental Health in Ag

 

2/14 noon

LIVE @ Macon County Farm Bureau

 

 

 

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