Policy

Farm Program Payments - October 2017

The USDA Farm Service Agency began issuing payments to producers in early October for Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) programs for the 2016 crop year. These payments continue to be substantial, adding more than $600 million to cash flows for Nebraska producers this fall.

Read more about Farm Program Payments - October 2017

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.

Read more about Mapping Farm Program Payments

Farm Program Payment Estimates - August 2017

Read more about Farm Program Payment Estimates - August 2017

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.

Read more about 2018 Farm Bill Economic Principles and Policy Challenges

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).

Read more about Farm Program Payment Estimates - July 2017

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.

Read more about Marketing Loans and Loan Deficiency Payments

Farm Program Payment Estimates - June 2016

Farm program payments under the 2014 Farm Bill have become substantial as prices have declined over the past few years. Farm program payments on the 2014 crop that were paid in late 2015 contributed more than $600 million to Nebraska producers' cash flow and bottom lines, helping to cushion some of the challenges of lower commodity prices.
Read more about Farm Program Payment Estimates - June 2016

2014 Farm Program Payment Estimates - Mid-September Update

Farm program payments for the 2014 crop will be due to producers in October 2015, after the 2014 crop marketing year is complete for all crops and national marketing year average prices are published as of the end of September.
Read more about 2014 Farm Program Payment Estimates - Mid-September Update

2014 Farm Program Payment Estimates - July Update (Current as of early September)

Farm program payments for the 2014 crop will be due to producers in October 2015, after the 2014 crop marketing year is complete for all crops and national marketing year average prices are published as of the end of September.
Read more about 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.

Read more about ARC/PLC, Base, and Yield Deadlines Extended to April 7

Pages