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Tag "farm safety net"

Illinois Corn, Soybeans: New Margin Protection Insurance – Should You Switch?

Illinois Corn, Soybeans: New Margin Protection Insurance – Should You Switch?

👤By Gary Schnitkey, University of Illinois Ag Economist 🕔Sep 11, 2017

Margin Protection is a new insurance product available for insuring corn and soybeans in Illinois. Some farmers may find Margin Protection beneficial. Farmers who purchase Area Risk Protection (ARP) may find switching to Margin Protection attractive if they want to

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Farm Safety-Net Payments Through 1st 3 Years of 2014 Farm Bill, CRS Report

Farm Safety-Net Payments Through 1st 3 Years of 2014 Farm Bill, CRS Report

👤By Keith Good, Farm Policy News 🕔Aug 28, 2017

Background Earlier this month, the Congressional Research Service (CRS) released a report titled, “Farm Safety-Net Payments Under the 2014 Farm Bill: Comparison by Program Crop,” which stated in part that, “The 2014 farm bill (Agricultural Act of 2014, P.L. 113-79) authorizes farm

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Corn Market: Mid-Summer Supply, Demand, and Price Estimates

Corn Market: Mid-Summer Supply, Demand, and Price Estimates

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

The July 12, 2017, World Agricultural Supply and Demand Estimates (WASDE) provided commodity markets with a shock when it changed its estimates of corn planted acres from the 90.0 million acres it had used in recent reports to 90.9 million

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Farm Bill Issues: House Ag Committee Holds “Conversations in the Field”

Farm Bill Issues: House Ag Committee Holds “Conversations in the Field”

👤By Keith Good, Farm Policy News 🕔Aug 2, 2017

Today’s update looks at the latest activity by the House Agriculture Committee on the Farm Bill, a listening session held earlier this week in Texas. Background The House Ag Committee of the 115th Congress has conducted full Committee and Subcommittee

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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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Georgia: Estimating 2016 ARC, PLC Payments For Covered Commodities

Georgia: Estimating 2016 ARC, PLC Payments For Covered Commodities

👤By Don Shurley and Adam Rabinowitz, University of Georgia Ag Economists 🕔Jul 26, 2017

A PLC payment is issued when the MYA Price is less than the PLC Reference Price. Estimates of the MYA Price are available during the crop marketing year and, while the final MYA Price may not be known, any estimated/projected

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Farm Bill Hearing on Risk Management – Crop Insurance, Payment Limits, Base Acres

Farm Bill Hearing on Risk Management – Crop Insurance, Payment Limits, Base Acres

👤By Keith Good, Farm Policy News 🕔Jul 26, 2017

On Tuesday, the Senate Agriculture Committee held a Farm Bill hearing that focused on commodity, credit, and crop insurance programs.  This follows previous Farm Bill field hearings in both Kansas and Michigan, as well as Committee meetings on the farm economy, agricultural

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USA Rice Outlines Farm Bill Priorities at Senate Ag Committee Hearing

USA Rice Outlines Farm Bill Priorities at Senate Ag Committee Hearing

👤By Ben Mosely, USA Rice 🕔Jul 25, 2017

This morning the Senate Committee on Agriculture, Nutrition & Forestry held a hearing entitled “Commodities, Credit, and Crop Insurance: Perspectives on Risk Management Tools and Trends for the 2018 Farm Bill.” The hearing focused on the three aforementioned titles of

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2014 Farm Bill is Spending Far Less than Originally Expected

2014 Farm Bill is Spending Far Less than Originally Expected

👤By Jonathan Coppess, Gary Schnitkey, and Nick Paulson, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Jul 18, 2017

On June 29, 2017, the Congressional Budget Office (CBO) released its updated estimates for the mandatory programs in the Agricultural Act of 2014, known as the baseline (see, USDA Mandatory Farm Programs and Supplemental Nutrition Assistance Baseline). It is standard

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Farm Bill Review: Historical Background on Marketing Assistance Loans

Farm Bill Review: Historical Background on Marketing Assistance Loans

👤By Jonathan Coppess, Gary Schnitkey, Nick Paulson, University of Illinois; and Carl Zulauf, Ohio State University 🕔Jun 9, 2017

The march towards writing the 2018 Farm Bill continues. Recently, the Senate Ag Committee held a hearing on the farm economy which focused significant attention on the relatively low commodity prices since the 2014 Farm Bill. Congress has long authorized

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