Farm Bill Safety Net Update
The 2018 Farm Bill was passed and signed into law in December 2018, but the programs under the new farm bill have been slowly rolling out over the course of 2019. Coupled with on-going support from 2014 Farm Bill programs and ad hoc support for trade assistance and agricultural disaster assistance, the safey net for producers is increasingly complex.
Farm Program Payment Update - October 2018
The USDA Farm Service Agency (FSA) began issuing payments to producers in October for Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) programs for the 2017 crop year.
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)
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.