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Tag "Jonathan Coppess"

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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Ag Trade: Reviewing the U.S.-Korea Free Trade Agreement

Ag Trade: Reviewing the U.S.-Korea Free Trade Agreement

👤By Kathy Baylis, Jonathan Coppess, and Qianting Xie, University of Illinois Ag Economists 🕔Nov 16, 2017

While overshadowed by concerns about North Korea, trade discussions loomed large in President Trump’s recent trip to Asia. Earlier statements from the Administration have raised concerns about the bilateral free trade agreement with South Korea. The South Korea-U.S. Free Trade

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NAFTA: What’s the Story Behind It?

NAFTA: What’s the Story Behind It?

👤By Steve Burak, Kathy Baylis, and Jonathan Coppess, University of Illinois Ag Economists 🕔Nov 13, 2017

The North American Free Trade Agreement (NAFTA) has been in the news for the last year-and-a-half; in the summer of 2016, Presidential candidate Trump vowed from the campaign trail, to renegotiate the “worst trade deal ever.” Candidate Trump also announced

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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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Biodiesel Waiver Provision in the RFS – Difficult to Justify

Biodiesel Waiver Provision in the RFS – Difficult to Justify

👤By Jonathan Coppess and Scott Irwin, University of Illinois Ag Economists 🕔Oct 20, 2017

As discussed in the two previous articles, EPA has issued a Notice of Data Availability (NODA) seeking data and comment on potential reductions to the biomass-based diesel mandates (see, farmdoc daily, October 5, 2017 and October 12, 2017). The third

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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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U.S. Agriculture Often Bears the Cost of Trade Disputes

U.S. Agriculture Often Bears the Cost of Trade Disputes

👤By Steve Burak, Kathy Baylis, and Jonathan Coppess, University of Illinois Ag Economists 🕔Oct 4, 2017

Potential trade disputes are approaching from all directions with significant implications for American agriculture. To the north and south, the US government is renegotiating the North American Free Trade Agreement with Canada and Mexico. Just last week, the three countries

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Farm Bill Issue Review: Crop Insurance and Cover Crops

Farm Bill Issue Review: Crop Insurance and Cover Crops

👤By Jonathan Coppess and Gary Schnitkey, University of Illinois Ag Economists 🕔Sep 22, 2017

The Illinois Nutrient Loss Reduction Strategy (INLRS) and other statewide efforts to reduce the loss of nutrients from modern farming include farmer adoption of cover cropping practices as one of the priorities (see, farmdoc daily, March 17, 2016). These efforts are increasing

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