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Tag Archives: commodity programs

PAYMENT SEQUESTRATION

Recent reports indicate that payments from the Price Loss Coverage (PLC) or Agriculture Risk Coverage (ARC) programs for the 2014 crop year may be reduced by nearly 7% due to sequestration. Check the latest at FarmDoc.

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ARC PAYMENTS?

Ag economist Brent Gloy says  it is quite likely that crop yields for many counties will be high this year, although crop prices are well below the 5 year Olympic average for both corn and soybeans. How high these yields are set will greatly influence ARC-County payments.

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2014 Farm Bill Choices

To find resources and tools to help navigate the options available in the 2014 Farm Bill, click here. The 2014 Farm Bill was passed on February 7, 2014 and covers five crop years: 2014 – 2018. The bill contains several one-time, irrevocable options for landowners and producers. Timeline to make these choices at FSA offices is as… read more

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APH YIELD EXCLUSION

USDA will implement its new APH Yield Exclusion for farmers next year. Spring crops eligible for APH Yield Exclusion include corn, soybeans, wheat, cotton, grain sorghum, rice, barley, canola, sunflowers, peanuts, and popcorn. Under the new Farm Bill program, yields can be excluded from farm actual production history when the county average yield for that… read more

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ARC/PLC UPDATE

Illinois FSA’s Mary Kirby tells Leader producers can contact their local FSA Office for more information on ARC and PLC or to schedule an appointment to update their yield history and/or reallocate base acres.

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FARM PROGRAMS

 Farmers could choose their new commodity programs as early as next week if they want, but caution may be the wiser tool in risk management right now, considering the current state of commodity prices.  

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