Corn, Soybeans: How Effective Is the Farm Safety Net in 2018? Jul 30, 2018

🕔Jul 30, 2018
In earlier articles, we projected earnings for a case farm in west central Indiana, and examined the sensitivity of earnings and the farm safety net to changes in price and […]

Farm Bill: Alternatives for ARC-CO and PLC – The Case of Corn Jul 25, 2018

🕔Jul 25, 2018
The House and Senate have respectively passed their versions of a 2018 Farm Bill and now a conference committee will attempt to work out differences. Both the House and Senate […]

Ag Barometer: Producers More Optimistic About Future Jun 5, 2018

🕔Jun 5, 2018
The 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, 2018

🕔May 31, 2018
In 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, 2018

🕔May 11, 2018
Payments 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, 2018

🕔Feb 28, 2018
The 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, 2018

🕔Jan 5, 2018
This 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, 2017

🕔Dec 4, 2017
U.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, 2017

🕔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 […]

Farm Bill Options: What About Blending ARC and PLC Programs? – Commentary Nov 10, 2017

🕔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 […]

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