NEWS
Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Thu Jan 29, 2015 05:24 PM CST

The great unknown of commodity prices and county yields five years into the future make simplifying farm program choices under the Farm Act of 2014 hazardous to your wallet. Ag economists stress that every farm is unique, but identify several guidelines to consider when you make elections for the 2014-2018 crops. Signup ends at your Farm Service Agency office March 31:

Do youvalue front-loaded payments?Reference prices for Price Loss Coverage (PLC ) are set low enough to trigger potentially large 2014 payments for peanuts, long-grain rice and sorghum (see chart), so growers of those commodities may lean toward PLC. Corn ...

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