Crop Insurance: How Likely Is Supplemental Area Coverage to Over-Compensate for Damage? May 7, 2021

🕔May 7, 2021
Yesterday, we examined the likelihood that payments from crop insurance policy combinations utilizing SCO and ECO would under-compensate farm-level losses compared to using a higher level RP policy, also referred […]

Crop Insurance: Supplemental Area Insurance and Basis Risk Measures May 6, 2021

🕔May 6, 2021
The Enhanced Coverage Option (ECO) is a new supplemental insurance program introduced this year, providing county coverage from 90% or 95% coverage level down to 86%. The Supplemental Coverage Option […]

Corn: Crop Insurance Coverage Levels and ECO Use May 5, 2021

🕔May 5, 2021
Enhanced Coverage Option (ECO) became available as an add-on to a farm-level crop insurance product in 2021. While available for other plans, we focus on Revenue Protection (RP) in this […]

Is Ad Hoc Assistance Justified in the Presence of Commodity Programs? May 4, 2021

🕔May 4, 2021
The ad hoc Market Facilitation Program (MFP) compensated farms for the estimated loss of exports due to retaliatory tariffs placed on US farm exports by other countries in response to tariffs […]

Corn, Soybeans: How Do USDA Planted Acreage Revisions Compare to Prevented Plant Acreage? Apr 29, 2021

🕔Apr 29, 2021
Several issues related to the March 31 USDA Prospective Plantings report have been examined in recent farmdoc daily articles. These include the historically large size of the market surprise for combined corn and […]

Illinois Corn, Soybeans: Taking a Look at Recent Yields Apr 28, 2021

🕔Apr 28, 2021
For 2020, the state of Illinois had an average soybean yield of 60 bushels per acre and an average corn yield of 192 bushels per acre. Illinois’ exceptional soybean and […]

Corn Market: Exports Drive Demand as Available Supply Diminishes Apr 27, 2021

🕔Apr 27, 2021
Introduction Spring planting continues across the Midwest United States. The U.S. Department of Agriculture reported corn plantings as a percentage of planting expectations of 17 percent for the week of […]

Corn, Soybeans: How Do USDA Planted Acreage Revisions Affect Price, Planting Progress? Apr 26, 2021

🕔Apr 26, 2021
The USDA Prospective Plantings report on March 31st indicated that U.S. farmers this year intended to plant 91.444 million acres of corn and 87.6 million acres of soybeans.  These estimates sent shockwaves through […]

Selling Carbon Credits – What Questions Should Farmers Ask? Apr 14, 2021

🕔Apr 14, 2021
Agricultural carbon markets exist through privately and publicly owned companies with aim to reduce carbon emissions through trade of carbon units sequestered at the farm level. The sale of carbon […]

Brazil Corn: Record Production Expected with 3 Crops per Year Apr 13, 2021

🕔Apr 13, 2021
Brazil’s corn production has increased over the past two decades because of the increased production of second crop corn, also known as the safrinha, or “little harvest” in Portuguese. Over […]

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