As the farm bill process begins, farmers and ag lenders want to protect crop insurance and federal farm programs. At the MN Ag Expo, Minn-Star Bank Senior Vice President Kent Thiesse said there will be some new themes in the next debate. “My guess is when we get to the next farm bill, there will be a lot of focus on conservation and carbon sequestration.” The future direction for risk management will also be a focus. “Crop insurance, the WHIP+ program, how does that get played into the farm bill? Do we continue with the PLC (Price Loss Coverage) and ARC-County (Agriculture Risk Coverage-County)? Obviously, the reference prices we have now are probably too low for good risk management.”
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