Ag Barometer: Producers More Optimistic About Future

🕔Jun 5, 2018The May reading of the Purdue University/CME Group Ag Economy Barometer was 141, 16 points higher than in April 2018 and the highest barometer value since January 2017 (Figure 1). […]

ARC-CO Payments: Revised Estimates for 2017

🕔May 31, 2018In recent months, forecasts of 2017 Market Year Average (MYA) prices have increased. Higher MYA prices will result in lower 2017 payments for the Agricultural Risk Coverage at the County […]

ARC and PLC: Comparing Payments, 2014-16 Crops

🕔May 11, 2018Payments by ARC-CO (Agriculture Risk Coverage – County) and PLC (Price Loss Coverage) are examined for 22 program commodities using FSA (Farm Service Agency) reported payments for the 2014-16 crops. […]

Corn, Soybeans, Wheat: Estimated 2017 ARC-CO Payments

🕔Feb 28, 2018The National Agricultural Statistical Service (NASS) released county yields for 2017 (released February 22 on NASS’s Quick Stats website. With these NASS yields, fairly accurate estimates of 2017 Agricultural Risk […]

Illinois Corn Growers Face a Profitability Problem

🕔Jan 5, 2018This is a presentation summary from the 2017 Illinois Farm Economics Summit (IFES) which occurred December 18-22, 2017. A complete collection of presentations including PowerPoint Slides (PPT) and printable summaries […]

Updating ARC-CO and the Next Bill: Market and Policy Design Considerations

🕔Dec 4, 2017U.S. farm safety net policy is evolutionary (Zulauf and Orden). One evolutionary trait is updating reauthorized programs to reflect not only performance issues but also changes in markets, budget constraints, […]

Farm Safety Net: Analysis of the ARC-CO Payment Cap for Corn, Soybeans, and Wheat

🕔Nov 17, 2017Revenue 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 […]

Farm Bill Options: What About Blending ARC and PLC Programs? – Commentary

🕔Nov 10, 2017The 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 […]

Midwest Corn: Comparing NASS and RMA County Yields

🕔Nov 3, 2017Controversy 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) […]

Rice: USDA Announces 2016 PLC Payment Rates

🕔Oct 31, 2017On 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 […]

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