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With this program, the user can (1) estimate the costs of planting corn and soybeans by planting date, (2) estimate the net returns from replanting, (3) prevented planting payments, and (4) compare crop rotations.
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Assessing Risk and Variation in 2018 Farm Revenue and Expenses
There is a great deal of risk associated with production agriculture. Much of the management of the farm enterprise is oriented to mitigating or minimizing the various forms of risk present. Risk in production agriculture is associated with the uncertainty…
The Conservation Question, Part 1: An Introduction
The 2018 Farm Bill produced a rare setback for natural resources conservation policy. The current suite of conservation programs are all built out of the landmark Food Security Act of 1985, which created the Conservation Reserve Program and conservation compliance;…
Seed Corn Costs: Cost of Seed Company Financing vs. Traditional Financing
Introduction To manage input costs, many producers take advantage of early pay and other discounts offered by input suppliers. Seed and chemicals often have complex pricing, with a range of pre-pay discounts, volume discounts, rebates and other incentives. On top…
Which Program Paid More Under the 2014 Farm Bill: ARC-CO or PLC?
The Farm Service Agency recently released 2018 payment rates for both Agricultural Risk Coverage at the County Level (ARC-CO) and Price Loss Coverage (PLC). With this release, yearly payments for 2014 to 2018 are available so that average payments from…
Corn and Soybeans Move Higher on Supply and Trade
Strong price rallies in both corn and soybeans closed out the week after a mixed reaction on Thursday. Corn prices initially fell due to higher than expected production levels. Severe winter weather over a substantial area of the Corn Belt,…
Seed Corn Costs: How Do Discounts Work with Seed Company Financing?
To manage input costs, many producers take advantage of early pay and other discounts offered by input suppliers. Seed and chemicals often have complex pricing, with a range of pre-pay discounts, volume discounts, rebates and other incentives. On top of…
Latest Farm Policy News Articles
Farmers and Lawmakers Dismayed Over Details in Proposed EPA Ethanol Formula
Reuters writer Stephanie Kelly reported yesterday that, “The Trump administration, in an effort to mend fences with the powerful corn lobby, proposed a new formula on Tuesday to boost biofuels demand, but the proposal instead only provoked more consternation from…
Freezing Temperatures and Snow Bring Harvest Challenges
Late last week, Bloomberg writers Brian K Sullivan and Ashley Robinson reported that, “A large snowfall is set to sweep out of the Rocky Mountains later this week, bringing snow by the foot across the Dakotas, slowing wheat harvests and…
U.S., China Take Initial Step on Trade Deal; China Agrees to Buy $40-$50 Billion in U.S. Farm Goods Amid Rough Details
William Mauldin, Chao Deng and Vivian Salama reported in Saturday’s Wall Street Journal that, “The U.S. and China took an initial step to cement a trade agreement that had been derailed, with Washington saying on Friday it would shelve a planned increase…
China Offers Agricultural Purchases as Trade Talks Set to Resume
Tom Mitchell reported on Wednesday at The Financial Times Online that, “Chinese officials are offering to increase purchases of US agricultural products as they seek an interim agreement between Beijing and Washington that will stave off a new round of…
Chinese Purchases of U.S. Soybeans Continue, as Range of Topics in Trade Talks Narrows
Bloomberg News reported last week that, “Chinese companies bought U.S. soybeans after the Xi Jinping administration issued more waivers from its retaliatory import tariffs, according to people familiar with the situation.”
Biofuels Agreement Announcement Welcomed, but Details Lacking
Wall Street Journal writers Kirk Maltais and Jacob Bunge reported on Friday that, “The Trump administration outlined a plan to boost biofuel demand, aiming to ease Farm Belt frustrations over recent changes to federal policies affecting the production of ethanol.”
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