Payment limits and the 2014 farm law

Growers are more likely to hit the statutory limit on crop subsidies if they choose the Price Loss Coverage option rather than the Agriculture Risk Coverage option, say economists Jonathan Coppess, Gary Schnittkey and Nick Paulson of U-Illinois. The limit is $125,000 per person, doubled for a spouse. Writing at farmdoc daily, the economists advise careful… » Read More

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