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Tag "crop insurance"

Cotton: New Crop Insurance Provisions, Cottonseed Endorsement Prices

Cotton: New Crop Insurance Provisions, Cottonseed Endorsement Prices

👤By Shawn Wade, Plains Cotton Growers 🕔Dec 12, 2017

The USDA Risk Management Agency provided a handful of new crop insurance provisions that will become effective for 2018 Spring-seeded crops and producers will find many of them check off long-awaited items from their crop insurance wish list. In addition

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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 Safety Net: Projected and Harvest Prices in 2017

Farm Safety Net: Projected and Harvest Prices in 2017

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Nov 29, 2017

Harvest prices are key variables for determining payments on crop insurance contracts. In Midwestern states, 2017 harvest prices are $3.49 per bushel for corn and $9.75 per bushel for soybeans. Both the corn and soybean harvest prices are below projected

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Farm Bill: Tax Legislation and the Specter of Sequestration

Farm Bill: Tax Legislation and the Specter of Sequestration

👤By Jonathan Coppess, Gary Schnitkey, and Nick Paulson, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Nov 24, 2017

A recent analysis by the Congressional Budget Office (CBO) has raised concerns about the potential impact the Congressional tax bills could have on farm programs and the farm bill. In short, the concern raised is that if the tax bills

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Farm Bill Update: Perspective from Chairman Conaway and Chairman Roberts

Farm Bill Update: Perspective from Chairman Conaway and Chairman Roberts

👤By Keith Good, Farm Policy News 🕔Nov 21, 2017

Last week, Don Wick, a farm broadcaster from the Red River Farm Network (Grand Forks, N.D.), sat down with several lawmakers on Capitol Hill to discuss current Farm Bill issues.   Notably, he spoke with both the Chairman of the House Ag Committee, Mike Conaway, as

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Crop Insurance: Two Senators Target Cuts to Save $21.1Bln – DTN

Crop Insurance: Two Senators Target Cuts to Save $21.1Bln – DTN

👤By Chris Clayton, DTN Ag Policy Editor 🕔Nov 13, 2017

Corn and soybean farmers saw no benefit this fall from adding the harvest price option to their crop insurance plan, but that wasn’t enough to stop a pair of senators and a congressman from introducing legislation that would end the

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Farm Safety Net: How Would It Handle Sudden Trade Disruptions?

Farm Safety Net: How Would It Handle Sudden Trade Disruptions?

👤By Keith Coble, Mississippi State University Ag Economist 🕔Nov 9, 2017

Risk remains one of the salient features of commodity agriculture. We usually discuss weather or market price risk, but we also need to be mindful of policy risk. Macro-economic policy in the 1980s and more recently the Renewable Fuel Policy

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Farm Bill: 1996 Changes Made Farmers More Dependent on Govt. Programs – Commentary

Farm Bill: 1996 Changes Made Farmers More Dependent on Govt. Programs – Commentary

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Nov 2, 2017

In looking toward a farm bill based on a supply management program, today’s column examines planting flexibility, the role of crop insurance, World Trade Organization (WTO) compliance, and the problems that accrue with the failure to regularly adjust crop loan

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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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Dicamba and Liability Insurance: 5 Things You Need to Know – DTN

Dicamba and Liability Insurance: 5 Things You Need to Know – DTN

👤By Emily Unglesbee, DTN Staff Reporter 🕔Oct 24, 2017

There was no question what was to blame for the curled soybeans on the central Illinois farm in late June. The farmer, the neighbor who made the application, even the investigator from the neighbor’s insurance company, all agreed. Off-target dicamba

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