So that's huge because you know, in our part of the world we're the number one users of crop insurance and that's the farmers number one risk management tool. So that's really important. But the other thing we did is We updated reference prices in both ARC and PLC for the countercyclical safety net. And we made it effective actually for the 20, 25 crop year, and you get to pick whichever works best better for you, even if you made a different election earlier in the year. (02:28–02:36)
CLAIM
Asserts that reference prices in ARC and PLC were updated for the countercyclical safety net.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
