April 11th is the Initial Plant Date for Sugar beets in most areas of the Red River Valley, if you chose to plant prior to that date, you sacrifice the replant coverage of $110/ac that is included in your multi-peril on the early planted acres.   Qualifications for Replanting Payment: *You are only allowed…

Cattle & Ranch Report February 28, 2025   Live Cattle: Were the manipulation of sectors not so rampant to achieve some form of profit margin, reflecting the poor state of the industry, the spreads between starting feeder to finished fat would be comical.  Unfortunately, due to the historical amount of working capital it takes to…

Cattle & Ranch Report February 4, 2025   Live Cattle: The Mexican border open, with no tariff’s, suggests an onslaught of inventory to be herded across the border before it is potentially shut down again.  About the time they get caught up with this, wheat pasture cattle will be coming off, leading me to expect…

The national payment factors have been established for MASC (Marketing Assistant for Speciality Crops)

The Risk Management Agency (RMA) issued Product Management Bulletin PM-25-006 to announce the final grid indices and payment calculation factors which have been determined and approved for the following: 2024 Crop Year Rainfall Index September – October Index Interval Final Grid Indices for Annual Forage (Growing Seasons 8, 9 ,10,11,12), Apiculture, and Pasture, Rangeland, Forage…

The Risk Management Agency (RMA) issued Product Management Bulletin PM-25-002 announcing the Dry Bean and Dry Pea Revenue Endorsement harvest prices for the 2024 crop year. The harvest prices are applicable for the crops, types, and states listed in the bulletin.   

Additional Details on Key Disaster, Economic Assistance Funds Expected in Coming Weeks As reported in our notes to you in late December, Congress passed and the President signed into law a measure dubbed the American Relief Act which contains roughly $31 billion in assistance for producers, including $21 billion for production loss assistance for 2023…

End of Insurance Period December 10th was the end of insurance period for Corn and Soybeans. All other crops had prior end of insurance coverages.  If you have any unharvested acres of any type of crop, please report them to your agent as soon as possible to ensure proper handling. It also marks the start…

Marketing Assistance for Specialty crops   This program is administered through FSA and has been allocated 2 billion in funding!  The signup is from Dec 10, 2024, through January 8th, 2025.  This program will be paying an additional percentage of your gross sales.  The percentage is not known at this time and will be backed…

Talk of Direct Payments to Farmers There has been a lot of chatter and press about a bill authored by Rep Trent Kelly (R-Miss) on the House Ag Committee, the Farm act offers payment assistance to eligible farmers.  The bill is called (FARM) Farm Assistance and Revenue Mitigation) the intent is to offset financial pressure…