Tag: Jonathan Coppess
Supreme Court Returns to “Waters of the U.S.” Definition – A Congressional Perspective Oct 14, 2022
On Monday, October 3, 2022, the Supreme Court began its new term by hearing oral arguments over the Clean Water Act’s troubled definition of navigable waters in the case, Sackett v. […]
Margin Protection – Chasing the Cost of Production Across Regions Oct 7, 2022
High input costs have reinvigorated arguments in Congress for farm support programs where payments are triggered when the cost of production rises. Historically, cost of production has been a focus […]
Ag Policy: How Have Farm Bills Addressed Climate Change? Oct 1, 2022
The Inflation Reduction Act of 2022 invested approximately $19 billion in farm bill conservation programs for conservation practices that address climate change. In addition, USDA has announced nearly $3 billion […]
Margin Protection: The “Elusive” Cost of Production Sep 27, 2022
In policy, definitions matter. As part of a forthcoming Farm Bill, Congress may consider changes to farm programs to incorporate margins, expected to be defined as the difference between a […]
A Straight-Forward Variable Cash Lease with Revised Parameters Sep 23, 2022
Last year, we specified terms for a variable cash rent agreement. Variable cash rents are one form of farmland leasing that has the rent vary based on crop revenue. We […]
Farm Policy: A Historical Look at Discussions of Margin Protection Sep 22, 2022
In April 1933, Senator George W. Norris (R-NE) argued that Congress should include a cost of production calculation in farm support policy. His efforts were part of the debate for […]
Margin Protection Revenue and Cost Components Sep 15, 2022
Current high commodity prices and the current high-cost environment in 2023 brings new interest to the Margin Protection (MP) crop insurance product ahead of the 2023 MP decision deadline on […]
Allowing New Base Acres for Current Program Commodities Sep 5, 2022
The 2002 and 2014 farm bills authorized voluntary base acre update and reallocation options, respectively. Several individuals have asked the senior author about the feasibility of another voluntary base acre […]
Farm Safety Net: Planting Flexibility and Current U.S. Crop Acres Aug 30, 2022
Since the 1996 farm bill, the U.S. farm safety net has given farmers the freedom to not plant program base acres and to plant a crop’s base acres to another […]
Illinois: Projected Wheat Double-Crop Soybean Profitability in 2023 Aug 27, 2022
In the August version of the 2023 Illinois Crop Budgets, wheat plus double-crop soybean is projected to be much more profitable than stand-alone corn and stand-alone soybeans in southern Illinois. Wheat-double-crop-soybeans has […]