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 the USDA tracks how Plant Hardiness Zones are slowly shifting across the country, they are also adjusting their recommendations for gardeners when it comes to perennial plants. The data is also used the by Risk Management Agency to determine crop insurance rates.
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In honor of Veterans Day this weekend, we wanted to take a moment to highlight an incredible program connecting our great nation’s heroes with agriculture!
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Agriculture Accounting Expert Paul Neiffer joined us Friday on Market Day Report to take a further look.
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Falling feed costs and strong demand for butter could be good news for dairy farmers looking to get their finances back on track.
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What are the relative advantages and disadvantages of the split-interest transaction? And what are the rules when property that was acquired in a split-interest transaction is sold? That is the topic of today’s blog post by RFD-TV Agri-Legal Expert Roger McEowen.
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A split-interest transaction involves one party acquiring a temporary interest in the asset (such as a term certain or life estate), with the other party acquiring a remainder interest. That is the topic of today’s Firm to Farm blog post by RFD-TV Agrilegal Expert Roger A. McEowen.
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As I try to catch up on my writing after being on the road for a lengthy time, I have several recurring themes in my legal work. Another potpourri of random ag law and tax issues — that is the topic of today’s Firm to Farm blog post by RFD-TV Agrilegal Expert Roger McEowen.
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In today’s blog post, RFD-TV Agri-Legal Expert Roger A. McEowen shares some random thoughts on land value and transitioning your farming or ranching business to a new generation.
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Today’s blog post by RFD-TV Agri-Legal Expert Roger McEowen takes a look at the “preferential payment rule,” a unique bankruptcy provision that can come as a suprise to farmers in financial distress.
October 13, 2023 10:54 AM
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