Growers in the southern Plains and the mid-South express sticker shock at the price of the new Supplemental Coverage Option (SCO), created by the 2014 farm law to allow growers to boost their level of revenue protection, says DTN.
The year-end holidays are a traditional time for summing up and for trying to forecast the future. Here is the Ag Insider list of five salient issues in food and agriculture policy likely to lead the headlines in the new year, as they did in the year now waning. The issues...
While grain and soybean farmers have to decide which of two crop subsidy programs, cotton growers have a choice all their own - the Supplemental Coverage Option or the Stacked Income Protection Plan known as STAX, says Delta Farm Press.
The Agriculture Department put on the Internet a "tool" to help growers assess how the Supplemental Coverage Option would apply to their crops and the approximate cost of the coverage.
Key provisions of the new farm policy law - insurance, conservation, dairy and the traditional crop subsidies - are the focus of a new edition of Choices, the magazine of agricultural economics.
U.S. farmers will stick with traditional crop subsidies based on crop prices and shy away from the crop revenue subsidy created in the new farm law, says the Congressional Budget Office.
Ag economist Art Barnaby of Kansas State University created a 13-page summary of the crop subsidy and federally subsidized crop insurance provisions of the 2014 farm law.