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 […]

Farm Business: 7 Crops Show a Declining Cost of Production

🕔Dec 15, 2017In a July 25, 2017 farmdoc daily article, Schnitkey discussed declining cost of production for Illinois corn and soybeans. This article extends the discussion to the U.S. and to barley, […]

Georgia: Estimating 2016 ARC, PLC Payments For Covered Commodities

🕔Jul 26, 2017A 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 […]

Farm Business: Health Insurance in a Partnership; ARC Payments Deferral – DTN

🕔Feb 19, 2016QUESTION: I am an individual who is a 25% partner in a 4-member limited liability company (LLC) that is taxed as a partnership. This is my only income, and it […]

Farmers Question ARC Yield Payments Process, Lawsuits Possible – DTN

🕔Feb 9, 2016Law firms and grain marketers are pushing for possible legal action against the U.S. Department of Agriculture over the way USDA came up with the final county yield totals for […]

Crop Insurance: Shallow Loss vs Multi-Year Loss

🕔Dec 18, 2015This article begins by comparing the relative size of multiple year loss and shallow loss, finding multiple year loss is larger. An argument is made that multiple year loss is […]

Understanding ARC-CO as a Shallow Loss Program

🕔Dec 17, 2015This article continues the discussion of ARC-CO. Previous articles in this series were posted on November 25, 2015 and December 9, 2015. They respectively addressed ARC-CO as transition assistance and […]

Commodity Payments Called into Question in ARC Program – DTN

🕔Dec 15, 2015The Farm Service Agency is receiving more questions and challenges regarding county yields as farmers discover their commodity payments for 2014 aren’t what they expected. One of the most damaging […]

Understanding ARC as a Multi-Year Loss Program

🕔Dec 10, 2015This article examines ARC-CO’s assistance for multiple year loss, including two policy innovations: (1) a 10% cap on per acre payment and (2) using the Price Loss Coverage (PLC) program’s […]

ARC-CO Payments: Estimates for 2015

🕔Nov 25, 2015Many farmers will place estimates of 2015 Agricultural Risk Coverage – County Option (ARC-CO) payments on the 2015 income statement as revenue, resulting in an accrued ARC-CO payment on their […]

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