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US Average Farm Price Received Database

Average farm price received data, for multiple commodities, in the US for the period 1960 to present. File is Microsoft Excel format.
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lllinois Average Farm Price Received Database

Average farm price received data, for multiple commodities, in the state of Illinois for the period 1960 to present. File is Microsoft Excel format.
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Crop Insurance Premium Calculator

The 2024 iFarm Crop insurance Premium Calculator allows users to develop highly customized estimates of their crop insurance premiums, and compare revenue and yield guarantees across all available crop insurance products and elections for their actual farm case.
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Latest farmdoc Daily Articles

Cotton STAX and Modified Supplemental Coverage Option: Concerns with Moving Crop Insurance from Risk Management to Income Support

The Farm Bill version reported by the House Agricultural Committee would modify Supple-mental Coverage Option (SCO), a crop insurance policy that provides county-level coverage. Be-cause the modifications proposed for SCO would make it very similar to the STAX insurance pro-gram for cotton, we evaluate the historical performance of STAX to provide indications of how modified SCO could operate.

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Commodity Program Base Acre Update: Overlooked Issues

Current working public versions of both the House and Senate Farm Bills contain a voluntary base acre update option for farms with fewer base than planted acres. This article examines three little-discussed issues with this type of update: (1) length of the update window, (2) fairness for max FSA farms, and (3) wealth creation from adding base for non-based acres. Moreover, this type of update does not solve the underlying planting vs. base issue; it only temporarily resets it.

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Catastrophic Floods in Southern Brazil: Implications for Agricultural Sector

Catastrophic floods in Rio Grande do Sul, Brazil’s southernmost state, highly impacted livestock and soybeans, causing a nearly 2% reduction in national soybean production. Other crops, such as rice and corn, were impacted on a smaller scale as their harvests were more advanced when rains began. Looking ahead, the challenges faced by farmers in Rio Grande do Sul because of financial constraints and damaged infrastructure could lead to reduced soybean and corn planting in the next season.

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Consumers Continue to Struggle with Inflation and Food Affordability: Results From GFAPS

News headlines continue to highlight that inflation — the rate of increase in prices — is cooling but overall prices remain much higher than pre-pandemic levels. Because prices remain relatively high, it is unclear that consumers are feeling any relief. In this post, we look at data from the most recent wave of the Gardner Food and Agricultural Policy Survey to examine consumers’ perceptions of food affordability and views on inflation more generally.

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Maintaining Key Resources Amid Strategic Uncertainty

Changes in global competition, production technology, new product development and resource constraints have increased the strategic uncertainty faced by individual agricultural producers. The degree and speed of change in agriculture presents a need for integrated risk management at the farm level, which requires implementation of a clearly defined business strategy – agile enough to adapt to unanticipated events.

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Budgetary Dissonance and the 2024 House Farm Bill

The disparate treatment of conservation and SNAP in the 2024 House Farm Bill, as compared to farm program payments, magnifies the budgetary dissonance of the House Farm Bill. That budgetary dissonance could serve a larger purpose, however, because it exposes fundamental flaws in federal budget policy, as well as the troubling consequences of budget policy for policymaking and the legislative process.

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Latest Farm Policy News Articles

SNAP Participation Up, Spending Down in 2023

Participation in the Supplemental Nutrition Assistance Program (SNAP) increased 2.3% in 2023 to an average of 42.1 million people each month, while total federal spending on the program decreased 5.6%…

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Senate Ag GOP Unveils Farm Bill Framework

Politico’s Meredith Lee Hill and Grace Yarrow reported Tuesday that “Senate Agriculture Committee Republicans released their farm bill proposal Tuesday, which would significantly expand farm safety net programs, setting up…

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Crop Insurance Coverage Exceeds 500 Million Acres for First Time

FERN’s Ag Insider reported Monday that “farmers and ranchers bought crop insurance policies on more than 500 million acres of land last year, the largest amount ever, driven by the…

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Brazil Tax Change Could Make US Soybeans More Attractive

Bloomberg’s Clarice Couto reported this past Friday that “a surprising tax change in agriculture powerhouse Brazil has the potential to make soy grown in the world’s largest bean exporter less…

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US Dairy Cows Dying and Being Culled Due to Avian Flu

Reuters’ Leah Douglas and Tom Polansek reported Thursday that “dairy cows infected with avian flu in five U.S. states have died or been slaughtered by farmers because they did not…

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Farm Finances Remain a Concern, Fed Reports

Pro Farmer reported at the end of May that “the Fed’s Beige Book noted 10 of 12 districts reported slight or modest economic growth (in May), while the other two…

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Follow these social media channels for all the latest ag commentary from Keith Good – the Farm Policy News editor. Also includes general updates on farmdoc publications and events.

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