Updated PLC payment rates for 2019 and 2020 crop years. Final 2019 PLC payment rates have been established for wheat, barley, oats and peanuts. The 2019 PLC payment rate for wheat is 92 cents/bu.; peanuts: 6.25 cents/lb.
The crop insurance sales closing date for wheat in Arkansas is September 30, 2020. The projected price approved for Yield Protection and Revenue Protection plans is $5.54 per bushel. This is up from last year’s $4.86 per bushel.