FARM BILL UPDATE: Base Reallocation and Payment Yield update deadline extended to March 31st
February 27, 2015
Posted by on
If you haven’t heard: Base Reallocation and Payment Yield update deadline that was originally today is now extended to March 31st! The deadline to make the program election remains as March 31st.
The link for the news release from USDA: http://www.usda.gov/wps/portal/usda/usdahome?contentid=2015/02/0051.xml&contentidonly=true
We also would like to highlight some new resources on AgManager, under Decision Tools: http://www.agmanager.info/policy/commodity/2012/default.asp
First off, there is now a map to show announced 2014 Kansas NASS County Yields: http://www.agmanager.info/policy/commodity/2012/Yields.asp
Taking that a step further, there is also a map to show Kansas projected ARC-CO payments for wheat, corn, sorghum, and soybeans: http://www.agmanager.info/policy/commodity/2012/Payment.asp Note that Jan. prices will be released at 3 pm today, so by Monday your estimate may change slightly to reflect the new price projections.
For complete information, we have have created a spreadsheet for all covered commodities in all U.S. counties that shows NASS yields, corresponding ARC-CO payments at different MYA price levels, AND tradeoff spreadsheets for 2015. Again, price estimates will be updated on Monday, but go ahead and take a look at this tool: http://www.agmanager.info/policy/commodity/2012/ARC-2014_Tradeoff-PLC-ARC-2015.xlsx
For more Farm Bill information, visit http://www.agmanager.info/policy/commodity/2012/.