By: Carl Zulauf, Ohio State University, and Nick Paulson, Jonathan Coppess, Gary Schnitkey, and Todd Kuethe, University of Illinois at Urbana-Champaign
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. To read the full article Click Here