Ag Policy

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    March 27th, 2015


    FSA Extends Deadline (But Only a Week)

    As expected (but not necessarily hoped for), the FSA announced today an extension of one week to sign up for ARC or PLC.  Instead of March 31, the new deadline is now April 7.  The FSA essentially did the same thing with the Dairy Margin Program with an one week extension, so this was not […]

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    March 25th, 2015


    1,400 Joint Operations to Lose $50 million of Program Payments?

    The FSA just issued proposed Regulations yesterday regarding the active involvement of non-family members in a farm operation.  The Farm Bill had required FSA to come up with these new rules within six months of the passage of the bill.  And as usual, they are late. These new rules do not apply to a farm […]

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    March 18th, 2015


    Where Do They Get These Numbers?

    The Washington Post had an editorial on Sunday blasting the Farm Bill for being more costly than the old farm bill in some cases.  However, in my opinion, their view is very slanted toward just this year and clearly reflects wrong numbers in their analysis.  They indicate that many corn farmers in Ohio, Iowa, Minnesota […]

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    March 18th, 2015


    Don’t Forget Those Generic Acres

    I was on the Farm Journal Farm Bill webinar yesterday and one of the subjects I covered was the cotton generic acres.  Because of the WTO rulings, the new farm bill does not have a cotton program (other than a special crop insurance STAX program).  However, for those farmers with old cotton base, they are not allowed […]

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    March 9th, 2015


    Farm Bill Webinar

    I will be doing a farm bill webinar for Farm Journal Media tomorrow, March 10 at 11 am CST.  There will also be two more planned webinars on March 17 and March 24.  If you still have questions about the new farm bill, I would certainly recommend listening in on these webinars.  Tomorrow’s primary topic will be […]

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    March 1st, 2015


    What is Your Current RP Guarantee

    Last Friday was the last day of the discovery price period for corn, soybeans, spring wheat and some other crops.  We now know that the corn price should be $4.15 (2014 – $4.62) and soybean price should be $9.73 (2014 – $11.36).  Spring wheat price should be $5.85 (2014 – $6.51).  These lower guarantee prices […]

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    February 27th, 2015


    ARC-CO Reports Are Net Not Gross

    A reader sent an email to us indicating our reports of ARC-CO payments on corn for his county in Iowa were not correct.  This is a case where both of us are correct.  Our reports that we issued this week showed the estimated ARC-CO payments for each county on a net basis.  He was looking […]

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    February 26th, 2015


    Let’s Not Forget Wheat, Barley and Sorghum!

    Earlier this week we had posted reports on various estimated ARC-CO payments assuming various MYA prices for Corn and Soybeans.  In this post, we are releasing reports for ARC-CO for wheat, barley and sorghum for all of the NASS counties.  Again, make sure to understand that these are simply calculations assuming NASS yields will equal final FSA […]

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    February 24th, 2015


    NASS Yields To FSA Yields

    We had someone note that the yields per NASS do not tie out to the final yields per FSA.  I had taken a look at this a while back and noted that corn yields were usually within a bushel or two, but decided to review previous year’s corn yields and see how much of a […]

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    February 23rd, 2015


    Soybean Estimated ARC-CO Payments

    Yesterday, we released a report on the estimated corn ARC-CO net payments per acre based upon a corn MYA price ranging from $3.50 to $4.00.  Today, we are releasing the estimated soybean ARC-CO net payments based upon soybean MYA prices ranging from $9.25 to $10.50 in 25 cent increments.  I was surprised how many counties […]

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