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Tag "Carl Zulauf"

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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Midwest Corn: Comparing NASS and RMA County Yields

Midwest Corn: Comparing NASS and RMA County Yields

👤By Gary Schnitkey, Nick Paulson, Jonathan Coppess, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Nov 3, 2017

Controversy has surrounded determination of ARC-CO (Agriculture Risk Coverage county) yields. One component of this controversy is the difference in the county yields determined by NASS (National Agricultural Statistics Service) and RMA (Risk Management Agency), both U.S. Department of Agriculture

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Crop Insurance: Harvest Price Option – Historical Assessment

Crop Insurance: Harvest Price Option – Historical Assessment

👤By Gary Schnitkey, Jonathan Coppess, Nick Paulson,University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Oct 27, 2017

HPO (harvest price option) crop insurance is popular with farmers but there have been several attempts to eliminate public subsidies for it. This article assesses HPO’s historical performance in terms of its design mechanism that replaces the projected price with

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Farm Business: Comparing 2016 ARC-CO and PLC Payments

Farm Business: Comparing 2016 ARC-CO and PLC Payments

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

The daily article from October 6, 2017 presents a summary of 2016 ARC-CO payments for corn, soybeans, and wheat. Today’s article provides county level estimates of PLC payments for these crops using average program yield data provided by the Farm

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Illinois: Combining Margin Protection and Revenue Protection

Illinois: Combining Margin Protection and Revenue Protection

👤By Gary Schnitkey, University of Illinois Ag Economist; and Carl Zulauf, Ohio State University Ag Economist 🕔Sep 27, 2017

The new Margin Protection crop insurance policy can be purchased along with any COMBO product. Doing so will allow farmers to have “county” margin protection up to a 95% coverage level combined with farm-level coverage for revenues at lower coverage

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Illinois: Comparing Payments from Margin Protection with Harvest Price Option

Illinois: Comparing Payments from Margin Protection with Harvest Price Option

👤By Gary Schnitkey, University of Illinois Ag Economist; and Carl Zulauf, Ohio State University Ag Economist 🕔Sep 22, 2017

Listen to MP3 Podcast In this article, historical payments from Margin Protection are estimated and compared to Area Revenue Protection. Both insurance contracts have the harvest price option. The example is for corn in Sangamon County Illinois from 2000 to

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Cottonseed as a Covered Commodity – Review of Senate Ag Appropriations Bill

Cottonseed as a Covered Commodity – Review of Senate Ag Appropriations Bill

👤By Nick Paulson, Gary Schnitkey, Jonathan Coppess, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University, Ag Economist 🕔Sep 13, 2017

As the farm bill debate continues to pick up speed, cotton remains one of the most prominent issues. The most recent development can be found in the Senate Agriculture Appropriations bill (S.1603), which contains a provision directing the Secretary of

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Crop Insurance: Should Users of Revenue Protection Add Margin Protection?

Crop Insurance: Should Users of Revenue Protection Add Margin Protection?

👤By Gary Schnitkey, University of Illinois Ag Economist; and Carl Zulauf, Ohio State University Ag Economist 🕔Sep 13, 2017

Farmers have until September 30 to determine whether to purchase Margin Protection, a new crop insurance product that provides payments when a harvest revenue-cost margin is below a guarantee set based on an expected revenue-cost margin (see farmdoc daily, September 8, 2017). Users

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Farm Bill 2018: Assessing the Pulse of the Next Debate

Farm Bill 2018: Assessing the Pulse of the Next Debate

👤By Carl Zulauf, Gary Schnitkey, and David Orden, University of Illinois Ag Economists 🕔Jul 28, 2017

Thirteen agricultural economists put together short papers describing issues that will surface during the writing of the next farm bill. For each issue, the author describes the “policy setting” and details “farm bill issues” that likely will arise during negotiations.

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