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Gardner Policy Series

Premium Subsidy and Insured U.S. Acres

  • March 15, 2018
  • Carl Zulauf Gary Schnitkey, Jonathan Coppess and Nick Paulson

Cost of Federal Crop Insurance is an on-going farm policy issue. President Trump proposed several changes to reduce its cost in his Fiscal Year 2019 budget. The changes include reducing…
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Gardner Policy Series

Harvest Price Option: Historical Assessment

  • October 26, 2017
  • Carl Zulauf, Gary Schnitkey, Jonathan Coppess and Nick Paulson

HPO (harvest price option) crop insurance is popular with farmers but there have been several attempts to eliminate public subsidies for it. This article assesses HPO's historical performance in terms…
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Evaluating Strategic Options

  • July 7, 2017
  • Michael Langemeier and Michael Boehlje

Today's business climate for farmers is fraught with uncertainty. Making smart long-run strategic decisions in this business climate is really difficult. When the future is so uncertain, one is tempted…
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An Update on the Farm Safety Net

  • October 7, 2016
  • Michael Langemeier and Michael

In an earlier article, we projected earnings for a case farm in west central Indiana, and examined the sensitivity of earnings and farm program payments to changes in price and…
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Why Crop Insurance Has Become an Issue

  • April 20, 2016
  • Carl Zulauf

Considerable debate surrounds the U.S. crop insurance program, including its cost, role in farm conservation, and impact on farm management and farmland values. Objective of this article is to examine…
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Basis Considerations with MPP-Dairy

  • September 26, 2014
  • John Newton

The 2014 Farm Bill created the Margin Protection Program for dairy producers (MPP-Dairy). MPP-Dairy is a voluntary and flexible program, run by the USDA Farm Service Agency, which makes payments…
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ARC-PLC Regulation and Decision Tools

  • September 25, 2014
  • Gary Schnitkey, Jonathan Coppess, Nick Paulson and Carl Zulauf

On Thursday, September 25, 2014, Secretary Vilsack announced the regulations for the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs created by the 2014 Farm Bill. Along with…
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Weekly Farm Economics

Supplemental Coverage Option (SCO) in Wheat

  • August 5, 2014
  • Gary Schnitkey and Nick Paulson

The Risk Management Agency recently released information necessary to calculate Supplemental Coverage Option (SCO) premiums for wheat. In this article, the basics of SCO are illustrated with an example from…
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