December 5, 2014
Farm Bill Choices
Webinar presentation by Purdue Economists Jim Mintert, Mike Boehlje & Michael Langemeier featuring a discussion of farm program choices that farmers and landowners need to make in early 2015. Programs discussed include ARC-County, PLC, and ARC-Individual, as well as base acreage reallocation and yield updating. Key considerations farmers should evaluate when making their program decisions are discussed.
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This University of Illinois spreadsheet calculates Agricultural Risk Coverage for County Coverage (ARC-CO), Agricultural Risk Coverage for Individual Coverage (ARC-IC), and Price Loss Coverage (PLC) payments. County yields and market year average (MYA) prices are brought in for a user-specified state-county-crop combination. Users then can change 2018 through 2020 county yields and prices to see ARC-CO, ARC-IC, and PLC payments under those yields and prices.
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We are taking a short break, but please plan to join us at one of our future programs that is a little farther in the future.