Farm Program Payments and Projections - May 2018
Updated commodity price projections from USDA point to substantial changes in farm program payment projections as well for the coming year.
Farm Program Payments and Projections - March 2018
Updated yield and price estimates and projections available from USDA provide the basis for solid estimates of Price Loss Coverage (PLC) and Agricultural Risk Coverage county-level (ARC-CO) payments to be paid on the 2017 crop in October 2018.
Farm Program Payment Update and Information
USDA's Farm Service Agency began issuing Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) payments to producers for the 2016 crop earlier this month. There are several sources of information and educational material that readers can find to explore and understand these payments in more detail.
Mapping Farm Program Payments
Farm program payments from the county-level Agriculture Risk Coverage (ARC-CO) program provide support to producers when actual crop revenue (calculated at county average yields and national average prices) falls below a revenue guarantee tied to moving average yields and prices.
2018 Farm Bill Economic Principles and Policy Challenges
A brief paper prepared for the Nebraska Agriculture 2018 Farm Bill Listening Session at the State Fair on September 1 provides a perspective on some of the major policy issues facing agricultural producers, stakeholders, and policymakers as the next farm bill is deliberated and developed.
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 - 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.