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 […]

Rice: PLC Payments – How Do They Work Under Current Differentiated Program? Apr 9, 2021

🕔Apr 9, 2021
Farm bills, like most legislation, contain policy experiments.  Usually they are small pilot programs or a variation on existing programs.  Some experiments evolve into larger programs or become the standard […]

New Legislation Would Impact Tax on Farm Estates, Inherited Gains Apr 7, 2021

🕔Apr 7, 2021
The U.S. Congress is debating two sets of new legislation that would impact the tax on farmer estates and inherited gains, indicative of the momentum for changes to the current […]

Illinois Grain Farms: Impacts of Removal of Sales Tax Exemptions Mar 24, 2021

🕔Mar 24, 2021
Farmers do not pay Illinois’ 6.25% sales tax on exempt agriculture inputs.  We examine the impacts removing existing sales tax exemptions resulting in a 6.25% sales tax added to fertilizer, […]

ARC, PLC: Some Final Considerations if You Haven’t Enrolled Mar 9, 2021

🕔Mar 9, 2021
March 15 is the deadline for producers to make their farm program election decisions for the 2021 crop year. With just a week remaining, today’s article highlights a few final […]

Crop Insurance: RP, ECO, and SCO Tradeoffs Mar 4, 2021

🕔Mar 4, 2021
For the past several years, many farmers in the Midwest purchased Revenue Protection (RP) crop insurance at an 85% coverage level (RP-85%). Due to both higher projected prices and volatilities, […]

Midwest Corn: Crop Insurance – Potential Payouts from Enhanced Coverage Option Feb 24, 2021

🕔Feb 24, 2021
Payments from the crop insurance add-on Enhanced Coverage Option (ECO) at different prices and yields are illustrated in this article. Since ECO coverage levels are high, ECO will make payments […]

2019 Covered Commodity Dashboard and Implications for the Crop Safety Net Feb 19, 2021

🕔Feb 19, 2021
USDA, FSA (US Department of Agriculture, Farm Service Agency) has released 2019 crop year payments by the ARC (Agriculture Risk Coverage) and PLC (Price Loss Coverage) commodity programs. Together with […]

ARC-CO and PLC: Using Farmdoc Tools to Aid Your Decision Feb 17, 2021

🕔Feb 17, 2021
Two tools are available on the farmdoc website for evaluating Commodity title choices faced by farmers.  The first is the 2018 Farm Bill What-If Tool, a Microsoft Excel spreadsheet that calculates payments under […]

Crop Insurance: Higher Premiums and 2021 Decisions Feb 10, 2021

🕔Feb 10, 2021
Crop insurance premiums for all products will likely be much higher in 2021 than in 2020 because projected prices and volatilities will be higher in 2021 compared to 2020. These […]

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