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Tag Archives: Farm Bill

FARM BILL COSTS

The government will pay $6.5 billion in crop subsidies for this year’s grain and soybean crops because of falling commodity prices, according to an estimate by the Food and Agricultural Policy Research Institute. Average ARC and PLC payments are projected to peak with the 2015 crop and decline to $3.4 billion for the 2018 crop.

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Farm Bill Webinars

  Illinois Farm Bureau will host 3 webinars about the 2014 Farm Bill for members: 1. Commodity Title Options  April 2 @ 8 a.m. with Doug Yoder Marketing Loans Price Loss Coverage (PLC) Ag Risk Coverage (ARC) County ARC Individual  2. Crop Insurance Changes & Supplemental Coverage Option (SCO)  April 9 @ 8 a.m. with… read more

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SPECIALTY CROPS UPDATE

New options in the 2014 Farm Bill provide greater coverage for specialty crops from the Noninsured Crop Disaster Assistance Program. The new options provide greater coverage for losses when natural disasters affect specialty crops that traditionally have been ineligible for federal crop insurance such as vegetables, fruits, mushrooms, floriculture, ornamental nursery, aquaculture, turf grass, ginseng, honey,… read more

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FARM BILL WEBINAR

The first of three farm bill webinars was held this morning, hosted by IFB’s Doug Yoder. Today’s webinar focused on the commodity program options available in the 2014 farm bill. Two more webinars will be held April 9 and 17. You can register online at www.farmweeknow.com and www.ilfb.org/farmbill. You can view today’s webinar at:  http://bcove.me/wbouwd5h.

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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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ALSO CONFUSING

DTN’s latest online poll shows it’s good growers won’t need to make farm bill elections until March. Many producers remain perplexed or undecided on which farm bill option they are likely to elect on the majority of their acres, given what they know now about price projections and yields now.

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FARMWEEK PREVIEW

Check out Monday’s FarmWeek and FarmWeekNow.com for stories on falling fuel prices, the progress of wheat seedings in Illinois, and who gets to decide on ARC/PLC

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FARM BILL SHOOTOUT

Politico reports the ink was barely dry on the farm bill last winter when the fighting broke out between Texas A&M and the University of Illinois over a $3 million pot of money for the development of decision models to help producers make sense of the new commodity title.

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WTO CHALLENGES AHEAD?

Parts of the 2014 farm law “send a message to trading partners that U.S. agriculture is becoming more protectionist,” writes UC-Davis economics professor Colin Carter in Choices, the journal of agricultural economics. Carter says the new Margin Protection Program may be challenged as an implicit subsidy for dairy exports.

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SIGNUP TIMELINES

USDA has posted timelines for signups for the various options in the new farm bill. From now until Feb. 27, 2015, you can reallocate base acres and update yields.  From Nov. 17 until March 31, 2015, you can make your ARC/PLC election.

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