Corn Market: Pre-Harvest Hedging and Revenue Protection

🕔May 17, 2018Prudent pre-harvest hedging reduces risk, particularly if it is done in conjunction with the purchase of revenue crop insurance having the Harvest Price Option (HPO) option. Recent criticism of crop […]

Crop Insurance: Premium Subsidy and Insured U.S. Acres – Impact by Crop

🕔May 15, 2018Cost of Federal Crop Insurance is an on-going farm policy issue. In his Fiscal Year 2019 budget, President Trump proposed a 14 percentage point reduction in the insurance program subsidy. […]

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. […]

Crop Insurance: Overwhelming Use of Harvest Price Option – Example, Illinois

🕔May 9, 2018Over time, farmers have migrated to revenue crop insurance products with the harvest price option (HPO). Today, products with HPO are used on over 90% of the insured acres in […]

Farm Business: Rising Interest Rates Impact Profits and Land Values – DTN

🕔May 7, 2018The Federal Reserve’s cheap-money policies coincided with a highly profitable time in U.S. agriculture, and many farmers took advantage of rock-bottom interest rates to invest in land.   The picture is […]

Farm Policy: Fixed Price Review; Favorable Treatment of Cotton, Peanuts

🕔May 4, 2018This article continues the discussion of the long-running farm policy that triggers payments to farmers using crop prices fixed in statute (farmdoc daily, April 5, 2018; March 8, 2018; February 22, 2018). The […]

Midwest Soybeans: Have Yields Increased Relative to Corn in Recent Years?

🕔May 2, 2018Soybean yields across much of the Corn Belt have been exceptionally high in recent years, leading to the question of whether soybean yields are increasing relative to corn yields. This […]

Farm Bill: What’s in the House Draft?

🕔Apr 27, 2018On Thursday, April 18, 2018, the House Agriculture Committee reported its version of the farm bill titled the Agriculture and Nutrition Act of 2018 (House Ag Committee Press Release, April 18, […]

Corn, Soybeans: Federal Crop Insurance Performance in 2017

🕔Apr 25, 2018In 2017, the Federal crop insurance program had low insurance payments relative to total premium. The 2017 loss ratio for the entire Federal program was .42, well below the targeted […]

Illinois Farm Finances: How Will Chinese Tariffs Affect Grain Farms?

🕔Apr 18, 2018Recent events suggest a possibility that China will place a 25% tariff on soybean exports from the United States to China. Such a tariff would result in lower soybean prices […]

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