Iowa producers urged to note crop insurance deadline

Wheat (Journal photo by Lacey Vilhauer.)

Agricultural producers who have not yet enrolled in the Agriculture Risk Coverage or Price Loss Coverage programs for the 2024 crop year have until March 15, to revise elections and sign contracts.

Both safety net programs, delivered by USDA’s Farm Service Agency, provide income support to farmers who experience substantial declines in crop prices or revenues for the 2024 crop year.

In Iowa, producers have completed 61,996 contracts to date, representing 38% of the more than 163,000 expected contracts.

Producers can elect coverage and enroll in ARC-County or PLC, which provide crop-by-crop protection, or ARC-Individual, which protects the entire farm. Although election changes for 2024 are optional, producers must enroll, with a signed contract, each year. If a producer has a multiyear contract on the farm, the contract will continue for 2024 unless an election change is made.