STAFF BLOG AG RIGHT So much time and effort
I once attended a conference where one of the speakers expressed his misgivings about federal tax law. He basic complaint was that it's too complicated, and that society devotes too many resources (pr... Posted on 2/13/15 at 11:43 AM
Farmers have an additional week, until April 7, to choose between Agricultural Risk Coverage and Price Loss Coverage, the two-safety programs established by the 2014 Farm Bill, the U.S. Department of Agriculture announced Friday.
Kelly Turgeon is on the stretch run of a half-year marathon.
Turgeon, executive director of the Kittson County (Minn.) Farm Service Agency, an arm of the U.S. Department of Agriculture, is working to help farmers meet a crucial March 31 deadline. They’re choosing between two important safety-net provisions in the federal farm bill, and their irrevocable decision will impact their bottom line for the next five years.
A new analysis of 76 Minnesota sample farms doesn’t provide much help in deciding whether farmers in the state should reallocate their base acres under the new farm bill, an agricultural economist says.
Roger Johnson, president of the National Farmers Union and a former North Dakota commissioner of agriculture, said some in Congress are aiming at cuts to the two biggest programs within the U.S. Department of Agriculture. Any cuts would be made in appropriations bills which will be considered over the next months.
Montana farmers can learn more about important new farm programs in an online webinar Nov. 10.
The event provides an overview of Agriculture Risk Coverage and Price Loss Coverage, as well as the supplemental coverage option program. An online tool to help producers understand ARC and PLC will be demonstrated.
After saying for months that the U.S. Department of Agriculture’s Risk Management Agency could not possibly allow farmers to take bad years out of their actual production history for 2015 crops, and receiving relentless criticism from Republicans over the issue, Agriculture Secretary Tom Vilsack announced Oct. 21 that farmers will be allowed to exclude years for most spring crops for the coming year.
Dwight Aakre has analyzed many federal farm bills in his career. But even the veteran North Dakota State University Extension Service farm management specialist isn’t sure which of the two safety-net options created by the 2014 farm bill is the better choice for area farmers.
Agriculture Secretary Tom Vilsack and the Farm Service Agency have announced beginning and closing dates for landowners and farmers to adjust yields and reallocate base acres, and make a selection between the new Agricultural Risk Coverage and Price Loss Coverage programs.
The U.S. Department of Agriculture today unveiled new online programs intended to help farmers choose between ARC and PLC.
The 2014 farm bill requires producers to pick either Agricultural Risk Coverage, which protects against falling revenue, or Price Loss Coverage, which provides payments when crop prices fall below levels set in the farm bill.
The need to make a choice between Price Loss Coverage and Agricultural Risk Coverage has the effect of forcing farmers to think what crop prices could look like in the next five years. That is the period during which farmers will be locked into either PLC or ARC by the one-time selection they will have to make this fall.
Daryll E. Ray and Harwood Schaffer
September 02, 2014
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