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EQIP for Profits | Conservation Makes Sense Environmentally and Financially

Ken Rulon and his family are sold on crop production techniques that use advanced environmentally oriented practices to improve soil properties and ultimately generate profits. He and his family grow corn and soybeans and run a hog operation at Arcadia, IN. The operation, in the family since 1869, involves Ken, his brother Roy and cousin Rodney.

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  • May 22, 2012
    Article

    ARC Farm Program Net Returns

    Agricultural Risk Coverage (ARC) is a revenue-based proposed Farm Bill program passed by the Senate Agriculture Committee. In this post, net returns for corn are examined using prices and ARC payments detailed in a May 9, 2012 post. At $4/bu. and below corn prices, ARC will make payments, aiding in cushioning revenue losses. However, ARC payments are not large enough is assure profits, as farmers who cash rent will face losses at prices below $4/bu....More
  • May 22, 2012
    blog

    Is This Your Kid? The Bottom Half of the Bell Curve

    Over the past few months I have guest lectured in agriculture and business classes at various universities and colleges. Of course, times are changing since my days in the classroom when I taught over 10,000 students at Virginia Tech and Cornell University. Today’s classrooms have an abundance of technology at one's disposal, for both professors and students with a wide range of interests and agendas....More
  • May 22, 2012
    blog

    Planting, Herbicides and Farm Programs

    Across southern Minnesota and northern Iowa, nearly all the intended corn is planted, and over 90% of the soybeans were planted as of May 18. Most of the corn and many of the soybeans that are planted in this region have emerged, and stands look fairly good....More
  • May 18, 2012
    Article

    Ag Subcommittee Highlights Importance of Fair, Effective Safety Net

    Commodity programs and crop insurance were the focus of a two-day hearing that began on Wednesday, and is the third hearing series on agriculture policy in advance of writing the 2012 Farm Bill. Title I programs and crop insurance form the backbone of the farm safety net that ensures farmers are able to manage a few seasons of volatile prices or devastating weather patterns. This effort ultimately ensures that consumers have a stable food and fiber supply....More
  • May 17, 2012
    Article

    Farm Labor Report: Hired Workers Down Nearly 5%, Wage Rates Up Nearly 2% From a Year Ago

    There were 575,000 workers hired directly by farm operators on the nation's farms and ranches during the week of January 8-14, 2012, down nearly 5% from a year ago. Workers hired directly by farm operators numbered 748,000 for the following quarter's reference week of April 8-14, 2012. Because NASS did not publish estimates for the April 2011 quarter, no previous year comparison is available for April....More
  • May 16, 2012
    Article

    DCP, ACRE Sign-Up Ends June 1

    USDA Farm Service Agency (FSA) Administrator Bruce Nelson reminds farmers that enrollment for the 2012 Direct and Counter-Cyclical Program (DCP) and the Average Crop Revenue Election Program (ACRE) ends June 1, 2012. “We want producers to know that DCP and ACRE are still available for enrollment,” says Nelson....More
  • May 15, 2012
    blog

    The Rule of Ten

    The lead-in to this topic came from a farmer who had heard me speak about the Rule of 10 a number of years ago, and had experienced it in his own business. The gentleman is over 50, and has operated the farm for more than 30 years. Let’s explain the rule....More
  • May 10, 2012
    Article

    Agricultural Risk Coverage Program and Multi-Year Price Declines

    The Senate Agriculture Committee recently passed a version of the farm bill that now moves for debate in the entire Senate. This bill replaces direct, counter-cyclical and SURE payments with Agricultural Risk Coverage (ARC), a revenue-based program that is further described in yesterday’s post by Carl Zulauf. Here, ARC payments are computed for cases in which prices are low for several years. This emphasis is taken as ARC is specifically designed to provide protection in cases of multi-year revenue losses, cases in which crop insurance often provides limited protection....More
  • May 8, 2012
    blog

    Too Much Rain and 2012 ACRE Details

    It’s hard to believe that in less than a 10-day time period we can go from concerns over drought to excess rainfall, which is causing flooded fields in some areas. That is exactly what has happened dung the last few days of April and the first week of May in some parts of southern Minnesota. Much of the rain came as part of intense thunderstorms with heavy downpours that caused some flash flooding, and featured strong winds and large hail in some areas. The wind and hail did cause some isolated building and property damage in rural areas, but had very minimal impact on the newly planted crops....More
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