Indiana farmers have until March 31, 2015 to make their farm program election. The five year market outlook will have a significant impact on farmer election of new safety net programs. Recent articles by Zulauf and Schnitkey23 have highlighted this showing how changes in USDA’s price forecasts for the 2014 crop influence a national indicator4 measure for payments. The recent variability in prices and updated information on a strong harvest led to a change in their Agricultural Risk Coverage (ARC) national indicator from $41 to $79 per corn acre between September and October.
Organization |
Purdue Extension |
Publisher |
Purdue University |
Published |
January, 2014 |
Material Type |
Written Material |