Farm Program Payment Estimates - July 2017
Current estimates of farm program payments for Nebraska producers show continued support from farm programs for the 2016 crop that will be paid in October 2017, but likely very little support moving forward for the 2017 and 2018 crops (to be paid in 2018 and 2019).
Marketing Loans and Loan Deficiency Payments
For the first time in more than 10 years, wheat producers may need to consider the acronym LDP as part of their marketing decisions. The marketing loan program provides underlying income support tied to a national average loan rate for program commodities. In the case of wheat, that loan rate is $2.94/bushel nationally, adjusted for class and county across the country.
Farm Program Payment Estimates - June 2016
2014 Farm Program Payment Estimates - Mid-September Update
2014 Farm Program Payment Estimates - July Update (Current as of early September)
ARC/PLC, Base, and Yield Deadlines Extended to April 7
USDA-FSA announced today an extension of the deadline to make the ARC/PLC program election and the accompanying base acreage reallocation and payment yield update decisions. The decisions will now be due at local FSA offices by April 7, 2015 with producers required to get an appointment or get registered for an appointment by that date.
Base and Yield Update Decisions Extended to March 31
USDA has just announced an extension of the deadline for the base and yield update decisions from today (February 27) to March 31, consistent with the ARC vs. PLC election decision deadline.
Farm Bill Questions and Answers
As the farm bill decision analysis continues in advance of the pending deadlines for base, yield, and program enrollment elections, there are numerous questions about how the programs work, how to use and interpret the farm bill decision tool analysis, and how to address various program issues.
Farm Bill Decision Tool Training Video
Nebraska Extension hosted a farm bill decision tool training session on January 14, 2015 in Lincoln to illustrate and demonstrate the use of online decision tools to help producers make base, yield, and program enrollment decisions with USDA's Farm Service Agency.