Farm Bill Online and Spreadsheet Tools
Gardner Program Payment Calculator (ARC/PLC)
The Gardner Payment Calculator provides estimates of expected payments and likelihood of payments for ARC-CO and PLC. Payment estimates are provided for the program years from 2019 to 2023. Users can select the state, county, and crop combination that they wish to consider.
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2024 Farm Bill What if Tool
This program calculates Agricultural Risk Coverage for County Coverage (ARC-CO), Price Loss Coverage (PLC) payments, and ARC at the Individual Level (ARC-IC). County yields and market year average (MYA) prices are brought in for a user-specified state-county-crop combination. Users then can change county yields and prices to see ARC-CO and PLC payments under those yields and prices.
The ARC/PLC Decision in December 2019
Yield Updating Decisions Under the 2018 Farm Bill
5-Minute farmdoc: 2018 Farm Bill What-If Tool
Accounts for the Gardner Payment Calculator
Using the Gardner ARC/PLC Payment Calculator
Price Loss Coverage: Evaluation of Proportional Increase in Statutory Reference Price and a Proposal
The next farm bill is currently being debated, and one proposal receiving attention is to increase statutory reference prices by the same percentage for all program crops. A straight percentage increase in statutory reference prices will further advantage peanuts and rice while having little impact on soybeans. As a result, changes to other commodity title programs likely are needed. Soybeans, corn, and wheat would likely benefit more from improving ARC than from increasing reference prices.
In today’s farmdoc daily article, we continue our multi-part series presenting a view of the Farm Bill through perspectives of policy design. This article turns to the farm payment programs in Title I of the Farm Bill and explores the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) row crop programs. If the words of statutes determine the operation of policies and the distribution of benefits, then the PLC and ARC programs offer straight-forward examples.
In today’s farmdoc daily article, we look at the intersection of base acres and reference prices. A mandatory base acre update that better aligns program payments with planted acres will impact states and crops to different degrees depending on where Congress established reference prices relative to market prices. It is at this intersection that the political collisions within the farm coalition occur as farmers, commodity factions, and production regions are pitted against each other.
In today’s farmdoc daily article, we take a further look into a potential mandatory base acre update in the 2023 Farm Bill. There are three basic arguments for requiring a mandatory base acre update — improved equity or fairness in the programs, better aligning of payments with reality and producing CBO savings to use as an offset. However, there are at least an equal number of reasons Congress would decide not to do so, some of them justifiable and others simply political or factional matters.
One of the enduring puzzles of American farm policy involves the acres for which farmers receive farm program payments. Decoupled base acres — a substantial reform in the 1996 Farm Bill — attempts to address that puzzle. Up until the 1996 Farm Bill, federal support for program crops had been plagued by the problem that the federal assistance incentivized planting. Moreover, it provided the most incentive when prices were the lowest and crops oversupplied, which only contributed further to the supply and price problems. Base acres may present myriad problems of its own, but history teaches that the alternatives could be much worse or more problematic.
We show payments for soybeans from Price Loss Coverage (PLC) and Agriculture Risk Coverage at the county level (ARC-CO) to aid in the deliberations over the next farm bill. Unlike…
We provide background and county-level payments for Agricultural Risk Coverage at the county level (ARC-CO) for corn. Payments are shown after the 2018 Farm Bill was implemented in 2019 and…
The reference price escalator was introduced in the 2018 Farm Bill and uses effective reference prices to calculate Price Loss Coverage (PLC) payments. Effective reference prices can exceed statutory reference…
Introduction High farm input costs, especially for fertilizer and fuel, have reinvigorated arguments for farm support programs where payments are triggered when the cost of production rises. Historically, cost of…