Several crops are set to see a big jump in government payments from the “Big, Beautiful Bill.”
The University of Missouri broke down the numbers by crop.
The Ag Policy Research Institute found that farmers with eligible base acres would see payments jump this year, largely because of the bump in ARC and PLC.
Economists estimate cotton payments will rise 177 percent, peanuts up 205 percent, and rice farmers will gain 222 percent.
Corn payments would go up to around $40 an acre, soybeans would rise to around $25 an acre, and wheat payments would jump to around $34 an acre.
Related Stories
American Soybean Association’s Jamie Beyer joins us to discuss USMCA, soybean trade stability, export market challenges, and the outlook for U.S. agriculture ahead of the upcoming review.
RFD News Farm Legal Expert Roger McEowen discussed how recent policy changes could affect farm entities and payment limits.
Purdue University’s new digital calculator helps growers navigate input costs and risk management with region-specific cost estimates and expert support.
USDA says corn shipments slowed from the previous week, while wheat and soybean inspections topped year-ago levels.
