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Tag "Arc-co payments"

Illinois: Farm Income Forecast Lower Than 2016 but Better Than Expected

Illinois: Farm Income Forecast Lower Than 2016 but Better Than Expected

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 22, 2017

Average net income on Illinois grain farms is forecast at around $60,000 per farm in 2017. This forecast is for a composite of grain farms enrolled in Illinois Farm Business Farm Management (FBFM). In 2016, these farms had an average

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Farm Safety Net: Analysis of the ARC-CO Payment Cap for Corn, Soybeans, and Wheat

Farm Safety Net: Analysis of the ARC-CO Payment Cap for Corn, Soybeans, and Wheat

👤By Nick Paulson, Gary Schnitkey, and Jonathan Coppess, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Nov 17, 2017

Revenue losses driven primarily by low commodity prices in 2014, 2015, and 2016 have triggered ARC-CO payments on corn, soybean, and wheat base in counties across the country. Where payments have been triggered, the level of those payments has varied

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Farm Bill Options: What About Blending ARC and PLC Programs? – Commentary

Farm Bill Options: What About Blending ARC and PLC Programs? – Commentary

👤By Gary Schnitkey, Jonathan Coppess, Nick Paulson,University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Nov 10, 2017

The 2014 farm bill required farms to choose between ARC (Agriculture Risk Coverage) and PLC (Price Loss Coverage). While overlap in payments can occur, ARC and PLC have different design components that suggest they are not substitute programs. This suggestion

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Rice: USDA Announces 2016 PLC Payment Rates

Rice: USDA Announces 2016 PLC Payment Rates

👤By Scott Stiles, University of Arkansas Ag Economist 🕔Oct 31, 2017

On October 30, 2017 the USDA Farm Service Agency (FSA) announced the 2016 Price Loss Coverage (PLC) payment rates for Long Grain and Medium Grain Rice.  The Agricultural Act of 2014 (aka 2014 Farm Bill) provides payments for covered commodities

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Farm Safety Net: Comparing ARC-CO and PLC Payments from 2014 to 2016

Farm Safety Net: Comparing ARC-CO and PLC Payments from 2014 to 2016

👤By Nick Paulson, Jonathan Coppess, Gary Schnitkey, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Oct 26, 2017

The daily article from October 13, 2017 provided a comparison of ARC-CO and PLC payments for 2016 for corn and wheat. Today’s article provides county level comparisons for the two programs over the first three years of the current Farm Bill, 2014

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Farm Safety Net: Outlook for 2017 ARC-CO Payments

Farm Safety Net: Outlook for 2017 ARC-CO Payments

👤By Gary Schnitkey, Jonathan Coppess, and Nick Paulson, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Oct 11, 2017

For those counties in which payments will be received, farmers and land owners will soon receive Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) payments related to 2016 production. The level and size of the ARC-CO payments are described

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2016 ARC-CO Payments Now Available

2016 ARC-CO Payments Now Available

👤By Nick Paulson, Gary Schnitkey, Jonathan Coppess, University of Illinois Ag Economists; and Car Zulauf, Ohio State University Ag Economist 🕔Oct 9, 2017

The Farm Service Agency has released 2016 county yields, thereby providing all information needed to calculate Agricultural Risk Coverage – County Coverage (ARC-CO) payments. This article contains maps showing payments per base acre for corn, soybeans, and wheat. Also shown

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Nebraska Panhandle: Farm Program Payouts and Projections

Nebraska Panhandle: Farm Program Payouts and Projections

👤By Jessica Groskopf and Brad Lubben, University of Nebraska-Lincoln 🕔Apr 12, 2017

Editor’s Note: This Panhandle Perspectives column, published by the University of Nebraska-Lincoln Panhandle Research and Extension Center in Scottsbluff, offers data and examples specific to western Nebraska. The 2014 Farm Bill reached its halfway point last year, and Congress is beginning

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North Dakota: Wheat Producers Will Receive Maximum Farm Bill Payments in 2017

North Dakota: Wheat Producers Will Receive Maximum Farm Bill Payments in 2017

👤By Kelli Armbruster, North Dakota State University 🕔Mar 16, 2017

All North Dakota wheat base acres enrolled in the Agricultural Risk Coverage – County (ARC-CO) program should receive the maximum allowed payment rate in late 2017 for the 2016 year. The payment rate per base acre should range from $21.44

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ARC-CO and PLC Payments: Taking a Look Back, Comparing 2014 and 2015

ARC-CO and PLC Payments: Taking a Look Back, Comparing 2014 and 2015

👤By Nick Paulson, Gary Schnitkey, Jonathan Coppess, University of Illinois; and Carl Zulauf, Ohio State University 🕔Mar 10, 2017

Debate has begun on the next farm bill. A key debate item will be the safety net programs in the commodities title. Roughly 99% of base acres of covered commodities are enrolled in the ARC-CO (Agriculture Risk Coverage -County) and

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