Minding Ag's Business

Economist Carl Zulauf estimates typical payments based on USDA's most current average price forecasts. Since August, the corn payment jumped from $41/acre to $79/acre due to plunging prices.
Plunging commodity prices are resetting potential corn payments under various Farm Bill options for 2014. The new calculations also point out how precarious price forecasting can be in assessing which farm program option fits each FSA farm.

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