Jan 31, 2021
LENA, Wis. All agricultural producers have the opportunity to sign up for either the Agriculture Risk Coverage or the Price Loss Coverage program by March 15.
This voluntary program provides payments to farms when either revenue or crop prices are below set guarantees. The decision is made on a crop by crop basis at the county level, unless the individual option under ARC (ARC-IC) is selected.
To assist producers, a pair of educational webinars has been scheduled to provide county-specific information designed to help in this decision-making process.
The live webinar events are being held on Tuesday starting at 11 a.m. and Thursday starting at 7 p.m. Both will feature the same information.
A significant percentage of farmland is owned by non-farming families in the region, and it would be nearly impossible for active farms to be able to afford to own all the land that they need to maintain the economic viability of their operations. Land rental situations often elicit questions among one, or both, parties revolving around fair value and what types of points should be in a contact.
UW-Madison, Division of Extension, is sponsoring a pair of free events to help both landowners and active producers better understand farmland rent dynamics and farmland rental contracting best practices. Theses live webinars are being held from 6:30-7:30 p.m. Tuesday and from 11 a.m. to noon Friday, Dec. 18.