PARKER, Colo. (RFD-TV) — With the latest yield projections now in from the U.S. Department of Agriculture (USDA), estimates for ARC and PLC payments are being updated — but farmers remain in limbo amid the ongoing federal government shutdown.
Farm CPA Paul Neiffer joined us on Friday’s Market Day Report to break down his updated analysis of projected payments scheduled to be paid next October.
In an interview with RFD-TV News, Neiffer explained how the recent yield numbers could impact the size of those payments and what producers can expect in the months ahead. He also addressed recent changes to ARC calculations, explaining whether those adjustments will be applied to the 2025 payment cycle — and how excluding them could impact farmers’ bottom lines.
Neiffer discussed what these projections mean for growers already facing tight margins this season and emphasized the importance of staying informed despite data delays caused by the government shutdown. Finally, he shared insight into how the lack of updated crop reports could affect upcoming payment estimates and whether farmers should be concerned about further disruptions.
As we start the new year, let’s take a look at some of the legislative items from 2023 affecting agriculture that will continue to play out in the political area for months to come.
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But, what does “detached and disinterested” mean? When is a transfer of funds a gift — at least in the eyes of the IRS? That is the topic of today’s Firm to Farm blog post by RFD-TV’s Agri-Legal Expert Roger A.McEowen.
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The distinction between co-tenancy and joint tenancy and why it matters — is the topic of today’s Firm to Farm blog post by RFD-TV Agri-Legal Expert Roger McEowen.
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