Farm Bill: Progress and Potential Hurdles

🕔Jun 20, 2018The odds for a farm bill in 2018 have improved considerably. On Wednesday the Senate Ag Committee moved its version of a farm bill with a strong bipartisan vote (20 […]

Ag Policy: Price Loss Coverage Favors “Other Oilseeds”

🕔Jun 4, 2018In the context of U.S. commodity policy, “other oilseeds” include canola, crambe, flaxseed, mustard seed, rapeseed, safflower, sesame seed, and sunflower seed, as well as “any oilseed designated by the […]

ARC-CO Payments: Revised Estimates for 2017

🕔May 31, 2018In 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 […]

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. […]

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 […]

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, […]

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 […]

2018 Farm Bill Debate: Reviewing CBO Baseline, Including Commodities

🕔Apr 13, 2018On April 9, 2018, the Congressional Budget Office (CBO) released its updated and revised baseline for the major programs in the farm bill. If Congress reauthorizes the farm bill programs […]

U.S. Cropland Prices: What’s the Impact of Increased Interest Rates?

©Debra L Ferguson
🕔Apr 12, 2018The Federal Reserve has initiated what appears to be sustained, incremental increases in the Federal Funds rate and by extension other interest rates. Current expectation is for a ¾ to […]

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