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Farmers must choose between Agriculture Risk Coverage and Price Loss Coverage for the 2026 crop, with an enrollment deadline of Dec. 11.
Unlike 2025, payments are not automatically the higher of the two, and the later deadline gives farmers more market information. Economists explain that PLC triggers when the effective price falls below the effective reference price.
Program choice affects farm income support and may influence planting and marketing decisions, but it does not directly move market supply or prices.
farmprogress.comAva SplearNov 13, 2026After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
