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Prevented Plant Example Calculations for Wisconsin in 2024

Paul D. Mitchell and Jeff Hadachek, Agricultural and Applied Economics, UW-Madison (608-265-6514, pdmitchell@wisc.edu and 608-262-2696, hadachek@wisc.edu) Here we present some example calculations and explain the prevented plant options for hypothetical cases to help farmers understand their …

Forage Options for Prevented Plant Acres in Wisconsin in 2024

Paul D. Mitchell and Jeff Hadachek, Agricultural and Applied Economics, UW-Madison (608-265-6514, pdmitchell@wisc.edu and 608-262-2696, hadachek@wisc.edu) and Kevin Jarek, Outagamie and Winnebago County Crops and Soils Educator, UW-Madison (920-832-4763,  Kevin.Jarek@wisc.edu) Wisconsin’s wet spring has slowed …

Updates on ARC and PLC Recommendations for 2024

Farmers have until March 15, 2024 to make their final commodity program decisions for their base acres for each crop and each FSA farm. Price expectations for 2024 crops have declined since January, so that …

ARC and PLC Recommendations for 2024

With the 1-year extension of the 2018 Farm Bill, farmers have until March 15, 2024 to make their commodity program decisions for their base acres for each crop and each FSA farm. Changes for this …

Ways to Reduce Borrowing for Your Farm

Interest rates for new ag loans have reached 15-year highs, averaging 8.5% for short-term loans during the 3rd quarter of 2023 in the region. Farmers are looking for ways to reduce borrowing as they look …

ARC and PLC Recommendations in Brief for 2023

Expected prices for 2023 are well above PLC reference prices, so I recommend ARC-CO for corn, soybeans, wheat, and oats for Wisconsin farmers, but do not expect ARC or PLC payments for the 2023 season. …