Editor's Picks
Tag: Price Loss Coverage
Farm Bill 2023: Trying to Reason with Expectations for Farm Policy Jun 16, 2023
The debt limit barrier to a farm bill has been removed, which may increase the odds that Congress can reauthorize a farm bill this year but certainly doesn’t guarantee it. […]
2023 and 2024 Effective Reference Prices and the Next Farm Bill Feb 8, 2023
The reference price escalator was introduced in the 2018 Farm Bill and uses effective reference prices to calculate Price Loss Coverage (PLC) payments. Effective reference prices can exceed statutory reference […]
Farm Safety Net: 2021 PLC, ARC Payments and Outlook for 2022 and 2023 Oct 28, 2022
The Farm Service Agency (FSA) recently released all the information necessary to calculate 2021 commodity title payments. For 2021, Price Loss Coverage (PLC) did not make payments for corn, soybeans, […]
Farm Safety Net Effective Reference Prices – Past and Future Jul 2, 2022
The Agriculture Improvement Act of 2018 initiated an escalator clause for the farm safety net’s reference price. We evaluate how this escalator would have influenced payments by the Price Loss Coverage […]
Farm Bill: Reviewing the Latest CBO Baseline Jun 3, 2022
Last week the Congressional Budget Office released its ten-year estimates for the mandatory farm bill programs for Commodities (Title I), Conservation (Title II), the Supplemental Nutrition Assistance Program (SNAP, Title […]
How Related Are Crop Insurance and Commodity Program Payments? Apr 11, 2022
An issue in recent farm bills has been a concern that crop insurance and ARC-CO (Agriculture Risk Coverage – County commodity program) would make payments for the same loss. The […]
ARC vs. PLC: Their Different Policy Objectives and the Design of Commodity Programs Mar 17, 2022
Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) are both commodity programs but their policy objectives differ. PLC provides assistance when prices are low. ARC provides assistance when transitioning […]
2022 Commodity Program Decision: ARC-CO – PLC Decision Indicator Feb 25, 2022
This article is a follow up to the farmdoc daily article of December 9, 2021. It discussed a price ratio that had an 81% accuracy in predicting if ARC-CO (Agriculture Risk Coverage – […]
Commodity Safety Net Programs Enrollment Deadline is March 15 Feb 22, 2022
USDA’s Farm Service Agency reminds growers who have not yet enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs for the 2022 crop year have until […]
How Well Have Farmers Done in Choosing Between ARC-CO and PLC? Jan 28, 2022
This article calculates what payments would have been if farmers had elected all ARC-CO (Agriculture Risk Coverage – county) and PLC (Price Loss Coverage) base acres into the program that […]
