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Market uncertainty, government shutdown top of mind as FSA deadlines near

Price uncertainty and the prospect of a government shutdown are top of mind as Farm Service Agency officials remind farmers of impending deadlines.

Minnesota FSA director Whitney Place tells Brownfield corn and soybean growers have until March 15^th to choose between Agriculture Risk Coverage and Price Loss Coverage, and many are waiting for a clearer picture of the markets.

“We’ve been hearing that a lot across the state, and that is potentially why some folks aren’t getting in. There are opportunities to change your elections, so you can certainly walk through some of those options with our staff.”

She says a possible government shutdown is also looming over the signup process.

“And kind of a reason why my staff is a little bit anxious about getting folks into the office. Historically I’m told that in situations like this, should there be a lapse in funding, generally they extend the deadline.”

But Place says it’s better to complete enrollment now given the uncertainty with the federal government.