Yield Updating Decisions Under the 2018 Farm Bill
Автор: farmdoc University of Illinois
Загружено: 2019-12-03
Просмотров: 1660
Описание:
Landowners will have one-time yield updating decisions under the 2018 Farm Bill: 1) keep the current Price Loss Coverage (PLC) yield that is assigned to a crop on a Farm Service Agency (FSA) farm or 2) update based on farm yields from 2013 to 2017. This decision can be made for each program crop on each FSA farm, and decisions can differ across crops and across farms. PLC yields will impact PLC payments under the 2018 Farm Bill, but not Agricultural Risk Coverage (ARC) payments. To maximize PLC payments, the higher of the current or update yield should be chosen. We suggest considering updating even if ARC is chosen as the commodity title choice for 2019 and 2020, because PLC may be chosen in 2021, 2022, and 2023, and because the updated yield could carry over to farm bills in the future.
2018 Farm Bill What-If Tool: https://farmdoc.illinois.edu/fast-too...
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