Farm Leadership
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Farm Bill Webinar
I will be doing a farm bill webinar for Farm Journal Media tomorrow, March 10 at 11 am CST. There will also be two more planned webinars on March 17 and March 24. If you still have questions about the new farm bill, I would certainly recommend listening in on these webinars. Tomorrow’s primary topic will be […]
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The Rural Main Street Index Slumps Into Negative Territory
The February Main Street Index from Creighton University finally slumped into negative territory. The January reading had been slightly above neutral at 50.9, but slumped sharply in February to 46.4. The lowest index readings for the 10 states surveyed was in Nebraska at 44.4 with Minnesota slightly ahead at 44.6. The best reading was for […]
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IRS Has Impeccable Timing (As Usual)
It was announced a couple of weeks ago that about 800,000 Form 1095-A were issued by the government with incorrect information. As a result of this error, the government has issued relief from certain filing requirements or penalties associated with these incorrect forms. The latest News Release was released just last Friday indicating that qualifying farmers […]
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What is Your Current RP Guarantee
Last Friday was the last day of the discovery price period for corn, soybeans, spring wheat and some other crops. We now know that the corn price should be $4.15 (2014 – $4.62) and soybean price should be $9.73 (2014 – $11.36). Spring wheat price should be $5.85 (2014 – $6.51). These lower guarantee prices […]
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ARC-CO Reports Are Net Not Gross
A reader sent an email to us indicating our reports of ARC-CO payments on corn for his county in Iowa were not correct. This is a case where both of us are correct. Our reports that we issued this week showed the estimated ARC-CO payments for each county on a net basis. He was looking […]
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Let’s Not Forget Wheat, Barley and Sorghum!
Earlier this week we had posted reports on various estimated ARC-CO payments assuming various MYA prices for Corn and Soybeans. In this post, we are releasing reports for ARC-CO for wheat, barley and sorghum for all of the NASS counties. Again, make sure to understand that these are simply calculations assuming NASS yields will equal final FSA […]
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NASS Yields To FSA Yields
We had someone note that the yields per NASS do not tie out to the final yields per FSA. I had taken a look at this a while back and noted that corn yields were usually within a bushel or two, but decided to review previous year’s corn yields and see how much of a […]
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Soybean Estimated ARC-CO Payments
Yesterday, we released a report on the estimated corn ARC-CO net payments per acre based upon a corn MYA price ranging from $3.50 to $4.00. Today, we are releasing the estimated soybean ARC-CO net payments based upon soybean MYA prices ranging from $9.25 to $10.50 in 25 cent increments. I was surprised how many counties […]
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Estimate of 2014 Corn ARC-CO Payments for $3.50-$4.00 Corn
As in our previous post, I spent a lot of my day on Friday taking NASS data released last week and coming up with my estimates of corn ARC-CO payments for the 2014 crop year. Several readers have already asked me for data on their county and since I finally made it home from Iowa […]
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Perhaps 800,000 or More Form 1095-A Are Wrong
If you obtained health insurance through the federal or state exchanges, you may receive an email and phone call from the exchange in the next few days. There was a widespread error on Form 1095-A where the costs of the second-highest silver level plan premiums may have been prepared incorrectly. The errors on these forms […]