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Tag "farm safety net"

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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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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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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USDA Announces Enrollment Period for Safety Net Coverage in 2018

USDA Announces Enrollment Period for Safety Net Coverage in 2018

👤From USDA 🕔Oct 31, 2017

USDA today announced that starting Nov. 1, 2017, farmers and ranchers with base acres in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) safety net program may enroll for the 2018 crop year. The enrollment period will end

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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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Ag Loans: Are Past Arguments Against Raising Rates Valid? – Commentary

Ag Loans: Are Past Arguments Against Raising Rates Valid? – Commentary

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Oct 18, 2017

In designing the APAC/TFU supply management program for the 8 major storable crops (barley, corn, cotton, grain sorghum, oats, rice, soybeans, and wheat), the corn loan rate was set at 95 percent of the full US cost of production. The

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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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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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