← FarmCPA Home

Tag Archive: "crop insurance"

The Effect of Premium Subsidies on Crop Insurance Demand

By: | Trackback URL | No Comments

July 24th, 2014

The Economic Research Service of the USDA periodically releases reports on various items related to agriculture.  This month, they released a report on the “The Effects of Premium Subsidies on Demand for Crop Insurance“.  The actual report is about 30 pages long and has a very detailed regression analysis for about 10 pages of the […]


ARC & PLC Are Not Crop Insurance

By: | Trackback URL | No Comments

February 17th, 2014

We had a reader ask the following question: “Paul, I have been reading your blogs about federal crop ins.  Is PLC and ARC the whole program or do we still have the traditional options that we have had the last few years? If the traditional plan is still in place will we have to pick […]


10% of Benchmark Revenue not Benchmark Guarantee

By: | Trackback URL | No Comments

February 3rd, 2014

A problem with trying to read a 900 page plus farm bill on a small laptop screen is that it is very easy to misread some of the fine print.  A reader gave us a comment regarding ARC that the maximum payout is 10% of benchmark revenue, not benchmark guarantee.  In this case, the actual amount […]


Crop Insurance Changes in New Farm Bill

By: | Trackback URL | No Comments

February 2nd, 2014

Supplement Coverage Option (SCO) will be available to a farmer who elects Price Loss Coverage (PLC) instead of Agricultural Risk Coverage (ARC).  ARC provides similar coverage, however, there is no premium to be paid by the farmer, but there is a limit on the  amount of payment that a farmer can receive.   With SCO, the farmer can […]


What Crop Insurance Level Should I Get for 2014?

By: | Trackback URL | No Comments

December 10th, 2013

Crop insurance is a risk management tool for farmers.  Over the last couple of years it has, in many cases, paid off in substantial claims based primarily on the high spring or fall price.  The University of Illinois just released a projection of the crop insurance premiums for productive soil in that state.  Although large claims […]


Crop Insurance Deferral Options

By: | Trackback URL | No Comments

November 6th, 2013

It appears that at least $5 billion of crop insurance claims have been processed this year and with the approximate $1.20 drop in corn prices from the spring, it is likely that additional corn claims will be made.  Unlike last year when almost all claims related to yield losses, this year, most of the claims […]


Semantics Can Be Important

By: | Trackback URL | No Comments

June 25th, 2013

It has been brought to our attention that certain AGR crop insurance policy claims are being denied.  These claims are being made by a single member LLC which is being filed on a schedule F on the farmers personal tax return. An AGR policy is based upon the gross revenue of the farm operation. A […]


Update on 2012 Crop Insurance Losses

By: | Trackback URL | No Comments

May 30th, 2013

Farm Doc Daily from the University of Illinois just release an extremely good article updating the total net crop losses incurred during 2012.  As most of us are aware, 2012 resulted in the highest amount of indemnity payments ever paid under the crop insurance system at slightly more than $17 billion.  2010 was in second […]


Crop Insurance Proceeds on Feed Consumed by Livestock

By: | Trackback URL | 1 Comment

February 10th, 2013

We received the following question(s) from a reader: “My husband and I received crop insurance proceeds this year due to drought. It was for hay and pasture losses. The insurance company classifies the crop as “forage”. If this was hay we would normally feed to our cows in the following year may we defer this […]


Updated Harvest Prices

By: | Trackback URL | No Comments

November 1st, 2012

Although the final corn and bean harvest prices have not been officially revealed, the University of Illinois in their FarmDoc daily blog, just released their final harvest estimate.  Back on October 11, I posted a guess of the final corn price being $7.55 per bushel.  FarmDoc indicates a final price of $7.50 (I was a […]


Subscribe to this blog by:

Previous Posts


View upcoming speaking engagements and other networking events for Paul Neiffer and CliftonLarsonAllen’s agribusiness team.

See All

  • Twitter Feed

    If you have higher yields or go all corn for the 2014 crop year consider ARC-IC. It may more than offset base acre penalty 17 hours ago

    Presenting two farm bill seminars today. Dayton and Walla Walla 2 days ago

    Netflix down $110 in after hours trading. Sign of momentum stocks going flat? 1 week ago

    Getting ready to go to LA to defend my son and I APU Alumni golf tournament victory last year. I may have to carry him again 1 week ago

    Everybody worried about bubble in land market. They should worry about stock market bubble 1 week ago

    77 degrees on October 8. Perfect. 2 weeks ago

    Somehow IRS listed several counties in Iowa as drought stricken. Hard to believe after all the rain this year 3 weeks ago

    Just saw a bighorn sheep eating grass in the bank next to the freeway. Less than 30' from my car. 1 month ago

    After 82 days in a rental car my wife has talked me into a cruise. We leave Thursday for Miami. Can't wait 1 month ago

    Will final ear weights set a new record. If so final corn yield will be going higher (unless we get an early hard freeze) 1 month ago