2014 Farm Bill Decisions: Payment Yield Update Option

Carl Zulauf, Nick Paulson, Jonathan Coppess, Gary Schnitkey, and Todd Kuethe ( July, 2014 )

Summary

The 2014 farm bill provides the owner of a Farm Service Agency (FSA) farm with a one-time option to update the farm's payment yield for covered crops. This article will discuss this decision. It concludes by recommending that all producers consider updating yields if updated yields are higher than current yields; however, updated yields may be surprisingly low.

Go To This Material


Details

Organization

University of Illinois Extension

Publisher

farmdoc

Publication Views

1801

Material Type

Website