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Tag "PLC"

USDA: Small Uptick in Farm Income – DTN

USDA: Small Uptick in Farm Income – DTN

👤By Chris Clayton, DTN Ag Policy Editor 🕔Dec 1, 2017

 Cash receipts in the livestock sector are forecast to grow 7.6% for all of 2017 while receipts for crop producers are projected to fall 2%, according to USDA’s latest farm income forecast released Wednesday. Overall, net farm income is stabilizing

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Farm Bill: Programs Cost Taxpayers Too Much, Don’t Address Low Price Issues – Commentary

Farm Bill: Programs Cost Taxpayers Too Much, Don’t Address Low Price Issues – Commentary

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Nov 22, 2017

During a recent teleconference, Chair of the House Agriculture Committee Michael Conaway said that debate on the farm bill would be pushed into early 2018 and the commodity title would be built on the existing programs: crop revenue insurance, Agricultural

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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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Rice: USDA Announces 2016 PLC Payment Rates

Rice: USDA Announces 2016 PLC Payment Rates

👤By Scott Stiles, University of Arkansas Ag Economist 🕔Oct 31, 2017

On October 30, 2017 the USDA Farm Service Agency (FSA) announced the 2016 Price Loss Coverage (PLC) payment rates for Long Grain and Medium Grain Rice.  The Agricultural Act of 2014 (aka 2014 Farm Bill) provides payments for covered commodities

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Farm Bill: “Technical Adjustments,” and “Tweaks”

Farm Bill: “Technical Adjustments,” and “Tweaks”

👤By Keith Good, Farm Policy News 🕔Oct 31, 2017

Jacqui Fatka reported on Friday at Farm Futures Online that, “House Agriculture Committee Chairman Mike Conaway, R-Texas, said [on October 25th] that the Congressional Budget Office (CBO) has sped up its analysis of farm bill provisions that the committee is

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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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