USDA study analyzes benefits of new revenue program vs. traditional payment program

WILLMAR — Authorized by the 2008 farm bill, the Average Crop Revenue Election program is the first federal income-support program to be based on revenue and planted acres. This is a radical departure from previous income-support programs, including the current Direct and Counter-cyclical Payment program, which provides payments based on national average market prices and a farm’s historical planting of specified crops, known as base acres.

By: Wes Nelson, Farm Service Agency executive director , West Central Tribune