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Due to the high cost of investment in farm machinery, an ever-increasing number of farm operators are hiring other farm operators to provide s…
Ask ten people to describe a family farm and you will probably get ten different definitions. Some will likely be similar to each other and so…
March 15 is the deadline to purchase crop insurance for the 2021 crop year.
The USDA’s 2020 Farm Income Forecast stated net farm income is now estimated at $119 billion, which would be the highest inflation adjusted net farm income since 2013 and is 32 percent above the 20-year (2000-2019) average net farm income of $90.6 billion.
A number of questions keep popping up regarding CFAP payment eligibility and calculations.
Following is a brief overview of sign-up details and payment calculations for the CFAP payments:
While the lower corn and soybean prices are having a negative financial impact for farm operators with remaining 2019 grain inventory, as well as on prices for 2020 crop production, the lower prices will likely result in higher levels of 2019 farm program payments for many producers.
The latest Ag Outlook Forum projected increases in the level of both U.S. corn and soybean acreage for 2020, as well as forecasting the continuation modest price levels and tight profit margins for the coming year.