August 29, 2013

Depending on the fate of farm bill deliberations in late 2013, producers could face another new decision in 2014. If a new farm bill is completed, the farm program sign-up decision could be a choice of a new revenue-based safety net structure similar to ACRE or a revised price-based safety net, neither of which would include DPs. Or, if farm bill talks stall again and another extension of current legislation is passed, producers could see another ACRE v. DCP decision in 2014, maybe for 2014 and 2015. Given the experience of the past two years, the eventual sign-up decision will be a critical one for Nebraska crop producers.

This is from the latest issue of Cornhusker Economics, in which Extension Public Policy Specialist Brad Lubben analyzes farmer participation in the federal ACRE program, what it's meant for previous participants and projections for 2013. 

See the full article.