Articles tagged under: Prevented plant
Positive Farm Financials Heading into Spring
Published March 12, 2021
According to a new report from CoBank, farmers are in good financial shape heading into the spring planting season. Strong grain markets and sizable government support have resulted in an increase in net farm income. With prevented plant acres coming…FSA Updates PP Acreage
Published September 14, 2020
A total of 10 million acres were reported as prevented plant acres nationwide this year. That’s half the level seen last year when PP acres set a record of 20 million acres. According to the Farm Service Agency, North Dakota…What’s Hot, What’s Not in the Markets
Published May 18, 2020
In this week's edition of What's Hot, What's Not in the Markets, Advance Trading risk management advisor Tommy Grisafi looks at planting progress, crude oil values and the impact of prevented plant.PP Acres Top 19 Million
Published February 19, 2020
Nationwide, farmers filed prevented plant claims on 19.1 million acres for indemnities of $4.3 billion. Risk Management Agency Administrator Martin Barbree spoke to the Crop Insurance Industry Convention, saying South Dakota had the largest number of PP acres at 3.9…Acreage Decisions in Flux
Published January 30, 2020
Corn and soybean acreage is expected to increase in the year ahead. NAU Country Vice President of Farm Services Rich Morrison says major changes could still happen. "Bean acres I expect to be at least 10 million (acres) higher and…Record Prevented Plant Acreage
Published October 11, 2019
The Farm Service Agency is estimating 2019 prevented plant acreage at a record 19.6 million acres. That compares to the previous record of just under 11 million acres in 2011. South Dakota leads the nation with nearly 4 million acres…‘Top-Up’ Payments to be Paid in October
Published September 27, 2019
Farmers who filed a prevented plant claim will automatically receive a ‘top-up’ payment. A 15 percent plussed up payment will be made to farmers with Yield Protection and Revenue Protection with the Harvest Price Option. Those without the Harvest Price…Farm Income May Look Very Different From Last Year
Published August 2, 2019
AgCountry Farm Credit Services Senior Tax Specialist Ashley Kieke says weather challenges most likely changed the amount of crop insurance received. The new Market Facilitation Program payment is also unique. "In 2018, the signup period for MFP straddled 2018 and…Grain Trade Remains Unsure of Planted Acres
Published July 3, 2019
Uncertainty continues to surround the grain markets, with many traders unsure of planted acres. Progressive Ag Marketing market analyst Brian Strommen says the planted acres may not be known until fall. "We'll see what happens in about five weeks." Crop…