Risk management crucial as crop prices slide

A crop insurance specialist with Farm Credit says utilizing risk management tools will be critical for farmers in 2024.  Tony Jesina says it won’t be business as usual when it comes to selecting Agriculture Risk (ARC) or Price Loss Coverage (PLC) this year.  “Just because of the change in markets,” he says.  “We see producers looking at a dollar less coverage on corn and even more than that on soybeans.” He tells Brownfield farmers may need to stress test their risk management — and...