There's Money in Your Mailbox: The OBBBA Farm Program Update
The Crop Insurance Podcast by Mike Rydell
Episode notes
If you farm — or you write crop insurance for folks who do — there's a postcard sitting in a mailbox right now that's worth real money, and a deadline attached that nobody's saying loudly enough. This week I break down the farm-program changes coming out of the One Big Beautiful Bill: what's automatic, what you have to act on, and the dates that'll bite you if you snooze.
Ten minutes, plain English, no government-handbook fog. Here's what we cover:
→ The base-acre postcard and the August 31 deadline to check it
→ Why the 2025 ARC/PLC safety net got stronger (and pays out this October)
→ The mandatory 2026 election — and the trap if you skip it
→ The big win for LLCs, S-corps, and partnerships: multiple payment limits, no more entity-level AGI test, and a September 15 window to restructure
→ Quick hits: SD ...