Purchasing and Leasing Farm Equipment
This publication by the North Central Farm Management Extension Committee provides background information about purchasing, renting, and leasing farm machinery.
Read MoreEquipment Lease Analyzer
This University of Missouri equipment lease analyzer is designed to answer 2 questions regarding leasing farm equipment. First it seeks to determine whether a lease or a purchase is more profitable and feasible from a cash flow perspective. Second it helps decide the annual contract hours for a lease.
Read MorePrice Loss Coverage (PLC) Program
Price Loss Coverage (PLC) is a new program in the 2014 Farm Bill. PLC payments are made when the national marketing year average (MYA) price falls below a legislated reference price for the commodity.
Read MoreCommodity Program Primer
The 2014 Farm Bill has completely overhauled the U.S. crop commodity payment system. Direct payment, counter-cyclical payment, and ACRE (average crop revenue election) payment programs have all been eliminated.
Read MoreAgriculture Risk Coverage-Individual (ARC-IC)
The ARC-IC calculation depends on three measures of revenue defined on the first page. The ARC-IC payment is unique in the current farm bill for its use of planted acreage in determining the level of payment received. The ARC-IC is also unique in that it only allows for payments on 65% of a farm’s base acres.
Read MoreThe End of the Direct Payment Era in U.S. Farm Policy
Direct payments are to be eliminated from the new farm bill, an action that has near unanimous support among U.S. lawmakers.
Read MoreFactors Influencing Program Choices for Indiana Farmers
Indiana farmers have until March 31, 2015 to make their farm program election. The five year market outlook will have a significant impact on farmer election of new safety net programs.
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