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AgFax Weekend: Lessons Learned 1983 vs. 2017 | Growth Strategies

AgFax Weekend: Lessons Learned 1983 vs. 2017 | Growth Strategies

👤AgFax Staff 🕔Dec 8, 2017

In this week’s AgFax Weekend – Lessons Learned 1983 vs. 2017 | Growth Strategies | Sell your land or sell plus lease it back? | and more.

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Crop Insurance per Acre Coverage: Historical Experience and Potential Issues

Crop Insurance per Acre Coverage: Historical Experience and Potential Issues

👤By Gary Schnitkey, Jonathan Coppess, Nick Paulson,University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Dec 8, 2017

A long standing goal of U.S. crop insurance policy has been to increase the share of production it covers. Over time, both the numbers of acres insured and coverage levels have increased, leading to more coverage of production. Moreover, the

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Farm Bill: Congress Hopes to Tackle It ‘Sooner Rather Than Later’

Farm Bill: Congress Hopes to Tackle It ‘Sooner Rather Than Later’

👤By Keith Good, Farm Policy News 🕔Dec 7, 2017

Today’s update looks at recent news items discussing the Farm Bill, with specific focus on the potential timing of when Congress may take up the legislation.  Lawmaker perspectives on provisions in the bill, including CRP issues, payment limits, and SNAP,

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U.S. Economic Outlook: Budget Deficit and Policy Mistakes are Wild Cards – DTN

U.S. Economic Outlook: Budget Deficit and Policy Mistakes are Wild Cards – DTN

👤By Chris Clayton DTN Ag Policy Editor 🕔Dec 6, 2017

The United States is in the middle of now 104 months of economic recovery, much longer than the average length of 60 months. And without an obvious shock to the system, the U.S. economy could remain in growth mode for

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USDA Updates U.S. Ag Export Forecast Amid NAFTA Worries

USDA Updates U.S. Ag Export Forecast Amid NAFTA Worries

👤By Keith Good, Farm Policy News 🕔Dec 6, 2017

In fiscal year 2017, U.S. agricultural exports totaled $140.5 billion, representing the third-highest level on record.  In its quarterly export forecast in August, USDA indicated that fiscal year 2018 agricultural exports were projected at $139.0 billion.   However, in its latest quarterly forecast,

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Farm Bill: Sen. Grassley Targets Commodity Payments to Big Farms – DTN

Farm Bill: Sen. Grassley Targets Commodity Payments to Big Farms – DTN

👤By Todd Neeley, DTN Staff Reporter 🕔Dec 6, 2017

A new USDA report shows larger farms with higher household incomes have increasingly seen more in federal commodity payments as farms in the United States have consolidated. Sen. Charles Grassley, R-Iowa, told agriculture journalists on Tuesday he plans to use

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Farm History Lesson: What do 1983 and 2017 Have in Common? – Commentary

Farm History Lesson: What do 1983 and 2017 Have in Common? – Commentary

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Dec 4, 2017

Why are supply management programs such an anathema to so many people? Part of the reason can be traced to events that took place 34 years ago.   Between the 1981 crop year and the 1982 crop year, corn ending stocks

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A Look at the EPA: Recent Perspectives on the RFS and Agriculture

A Look at the EPA: Recent Perspectives on the RFS and Agriculture

👤By Keith Good, Farm Policy News 🕔Dec 4, 2017

Recall that in December of 2016, agricultural policy observers expressed some measure of unease with President-elect Donald Trump’s pick to head the Environmental Protection Agency (EPA), Oklahoma Attorney General Scott Pruitt.  As The Wall Street Journal stated at the time, “After campaigning as a strong supporter of the use

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Bayer-Monsanto Merger: One Step Closer, CIFIUS Review Completed – DTN

Bayer-Monsanto Merger: One Step Closer, CIFIUS Review Completed – DTN

👤By Pam Smith DTN Progressive Farmer Crops Technology Editor 🕔Dec 4, 2017

Bayer has edged another step closer to its acquisition of Monsanto. Today, Dec. 1, the companies announced the Committee of Foreign Investment in the United States (CFIUS) has completed a review of the union and found no concerns.   CFIUS is

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Senate Tax Bill Hits $1 Trillion Snag – DTN

Senate Tax Bill Hits $1 Trillion Snag – DTN

👤By Chris Clayton DTN Ag Policy Editor 🕔Dec 4, 2017

The vaunted Senate tax-cutting bill appeared to be sailing through on Thursday until a small number of GOP senators raised concerns over $1 trillion in added debt over the next decade.   The Senate will come back on Friday with a

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