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One of the most fundamental and traditional risk management tools available to agricultural producers is a savings account. Cash reserves in savings provide a safety net for producers, allowing financial obligations and living expenses to be met when unexpected shortfalls in income occur. Crop...
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In an effort to facilitate communication between agricultural producers and their local officials, the Texas AgriLife Extension Services' risk-management specialists and county agricultural agents developed region-specific model farms through the FARM assistance program. Financial and Risk...
Persistent link: https://www.econbiz.de/10010881507
The Administration has proposed revising the AGI means test for eligibility to farm program payments. The 2002 farm bill excludes producers from farm program payments (CCP, DP, and MLG/LDP) if their average adjusted gross income (AGI) for three preceding years exceeds $2.5 million and less than...
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This study evaluates the farm level economic impacts of implementing a whole farm revenue insurance program in lieu of current government program payments on agricultural producers in major production areas of the United States. Realizing a multitude of viable options exist, this study...
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The 2002 Farm Bill provided the one time opportunity to update base acres and counter-cyclical payment yields to more closely reflect their current crops, rotations and yield levels. This paper discusses the available options and provides case study examples to illustrate the complexity of this...
Persistent link: https://www.econbiz.de/10005522209
The Base and Yield Update Option Analyzer (BYA) is a decision support tool for analyzing the economic consequences of the Base Acre and Payment Yield update options in the 2002 farm bill. The BYA is provided by Texas A&M University for educational purposes and is not intended to replace or...
Persistent link: https://www.econbiz.de/10005801787
This report analyzes whether H.R. 2646 may provide economic incentives for landlords to end current land tenure arrangements with tenants and take over management (and government payments) associated with their land. This work is a followup to Briefing Paper 01-9, Representative Farm Analysis of...
Persistent link: https://www.econbiz.de/10005801790