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Crops

Corn Drying and Shrink Comparison

Iowa State University offers corn producers resources to help weigh potential delayed harvest and/or result in additional field losses due to drier stalks and ears against potential drying charges and/or discounts.

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Comparison of Drying Systems

Use Iowa State University’s spreadsheet decision tool to compare total drying cost per bushel based on the type of drying system and price inputs.

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Estimating the Cost for Drying Corn

The cost of drying corn grain will depend on the type and size of drying system utilized, the amount of moisture to be removed, the weather conditions during the drying period, and the current per unit costs for electricity and drying fuel.

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2014 Crop Cost and Return Guide

The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2014 crop budget estimations.

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Price 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.

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Commodity 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.

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Agriculture 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.

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Factors 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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Effective Price Comparison of Indiana Crops for New Farm Programs

This fall crop producers will be asked to make their choice among three very different safety net programs newly created as part of the 2014 Farm Bill. Online decision aids promise to provide a bevy of information that farmers will need to process in deciding which program path best fits their operation and tolerance for risk.

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Agriculture Risk Coverage-County (ARC-CO)

Agricultural Risk Coverage-County Option (ARC-CO) is a new program in the 2014 Farm Bill. ARC-CO payments are made when the average county revenue for a commodity falls below that county’s revenue guarantee per acre.

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