Farm Bill

Updated Information now available for Farm Bill Decision Tool

rice harvest

Growers will need to decide which Farm Bill safety-net program to participate in for 2019 and 2020. We have just updated the decision tool from attorney Tim Kelleher that should simplify the process. 

There are placeholders for name, county, PLC yield, estimated prices and yields on the input page (Input Tab).  Each grower will need to overwrite these placeholders with their own information and estimates of price and yield.

First, make your best estimate of 2019 and 2020 prices, including CCC loan. Remember, this is the average state price for medium/short grain rice.  Next, make your best estimate of how low the price might go.  This will tell you if there’s a possibility of a payment under the PLC program.

Next, look at your county yield history, then make your best estimate of expected yield and a possible low yield.  There are a variety of yield and price combinations to find the best fit for your operation. 

More Farm Bill Stories

rice harvest

Farm Bill in Focus

By Tyson Redpath, The Russell Group

This January, a new Republican majority arrives to the U.S. House of Representatives holding a four-vote majority which is identical to the current House Democratic majority. A flip to GOP control will have only modest policy impacts because the Senate majority will stay in Democratic hands. Meanwhile, the Biden Administration will continue to chart a course for rulemaking and Executive Order action for at least the next two years. 

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rice harvest

Reminder: ARC/PLC 2020 Signup Deadline Approaching

By Tyson Redpath, The Russell Group 

In the midst of a pandemic, the USDA is continuing to remind producers that 2020 enrollment for the ARC and PLC farm bill safety net programs is open now. Growers must enroll for 2020 by June 30. Growers are also reminded that they must make their one-time update to PLC payment yields by September 30. 

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