Tag Archive: "usda"
The USDA announced yesterday that they will be awarding $ 6 million to help farmers analyze their farm bill options primarily related to ARC and PLC. There will also be tools to analyze the options for dairy producers under the new Dairy Margin Protection Program that should start September of this year and the Noninsured Crop Disaster […]More
The USDA has provided their long-term price outlook for the major crops over the next few years. Since ARC and PLC are both based upon what the average marketing price by crop year will be, I decided to run another analysis assuming that these prices occur. PLC has no yield variability, while ARC can be […]More
February sets the price level for crop insurance on Corn, Beans and some of the other major crops. Last year’s spring price was $5.68 for corn and $12.55 for beans. We have had 4 trading days for this month out of 20 total and so far the average corn price is $5.89 and the average […]More