The Latest

Upcoming Events


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events

Back to homepage

Tag "PLC"

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

Read Full Article
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

Read Full Article
USDA Issues Farm Safety Net and Conservation Payments – Total Exceeds $9.6 Bln

USDA Issues Farm Safety Net and Conservation Payments – Total Exceeds $9.6 Bln

👤From USDA 🕔Oct 3, 2017

Agriculture Secretary Sonny Perdue today announced that over $9.6 billion in payments will be made, beginning this week, to producers through the Agriculture Risk Coverage (ARC), Price Loss Coverage (PLC) and Conservation Reserve (CRP) programs. The United States Department of

Read Full Article
2014 Farm Bill Was Designed for Corn Prices to Remain Above $4 – Commentary

2014 Farm Bill Was Designed for Corn Prices to Remain Above $4 – Commentary

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Sep 7, 2017

What was expected to be the 2012 Farm Bill had an auspicious start in 2011 when the leadership of the House Agriculture Committee indicated their intent to complete work on the replacement for the 2008 Farm Bill a year early.

Read Full Article
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

Read Full Article
Cottonseed Proposal, FY18: Details You Need to Know About Generic Base

Cottonseed Proposal, FY18: Details You Need to Know About Generic Base

👤By Don Shurley, University of Georgia Ag Economist 🕔Aug 15, 2017

With the 2014 farm bill, cotton base on a farm became Generic Base. If you’ll recall, cotton base on a farm was frozen (could not be increased or decreased) but all other bases on the farm (bases of “covered commodities”

Read Full Article
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

Read Full Article
Southern Peanut Farmers Federation Launches ‘Peanut Program Works’ Website, Video

Southern Peanut Farmers Federation Launches ‘Peanut Program Works’ Website, Video

👤By Joy Crosby, Georgia Peanut Comission 🕔Jun 26, 2017

The Southern Peanut Farmers Federation today launched a campaign website and video to showcase the benefits of the Price Loss Coverage (PLC) program in the 2014 Farm Bill and highlight its importance to farmers, their families and communities. The website, through a

Read Full Article
Cotton Planting: Generic Base Acres Program is a ‘Disconnect’ for Growers

Cotton Planting: Generic Base Acres Program is a ‘Disconnect’ for Growers

👤By Nick Paulson, Gary Schnitkey, Jonathan Coppess, University of Illinois; and Carl Zulauf, Ohio State University 🕔May 19, 2017

This article continues discussion of cotton support, a key contemporary farm policy issue. Cotton is not a covered commodity under the ARC (Agriculture Risk Coverage) and PLC (Price Loss Coverage) commodity programs enacted in the 2014 farm bill. This decision

Read Full Article
Cotton: How Effective Is Farm Safety Net Support?

Cotton: How Effective Is Farm Safety Net Support?

👤By Gary Schnitkey, Jonathan Coppess, and Nick Paulson, University of Illinois; and Carl Zulauf, Ohio State University 🕔May 12, 2017

As discussed in several articles over the last year, support for cotton is a key contemporary farm policy issue. These articles have discussed various aspects of the issue but have focused on assistance by the ARC (Agriculture Risk Coverage) and

Read Full Article