Video: 2018 Farm Bill Details and Decisions

Resources for producers choosing between Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) by March 15 deadline

Full-length presentation by Brad Lubben and Cathy Anderson
Or browse shorter segments by topic below.

In late 2019 and early 2020, Nebraska Extension and the USDA Farm Service Agency in Nebraska collaborated to host a series of nearly 40 farm bill educational meetings to assist producers as they make farm bill-related program decisions. The 2018 farm bill, signed into law in December of that year, reauthorized the existing Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) safety net programs that were in the 2014 Farm Bill, however producers will need to make new program enrollment decisions by the March 15 deadline.

The presentation delivered at these meetings across the state is available here, as a full-length video and as smaller segments, broken out by topic.

This recorded presentation was led by Brad Lubben, extension policy specialist and associate professor in the Department of Agricultural Economics at the University of Nebraska-Lincoln, and Cathy Anderson, chief specialist of production and compliance programs with the USDA Farm Service Agency in Nebraska.

For additional resources related to the farm bill, please visit farmbill.unl.edu andfsa.usda.gov/ne.

SEGMENTS BY TOPIC
Farm Bill Video Index
VIDEO PAGE # TOPICS (with video #)
PAGE 1 1: Commodity Program Overview2: Price Loss Coverage (PLC) Introduction3: PLC Yield Update4: PLC - Effective Reference Price5: PLC Payment6: Agriculture Risk Coverage (ARC) Introduction7: ARC-County (ARC-CO) Trend Yield Adjustment
PAGE 2 8: ARC-CO Benchmark Calculations9: ARC-CO Revenue and Payment10: ARC-CO vs. PLC Price Protection Comparisons11: About ARC-Individual (ARC-IC)12: Decision-making and Crop Insurance Implications13: Price Uncertainty and Decision Tools14: Trade and Disaster Assistance
PAGE 3 15: About Program Election (FSA)16: Calculating PLC Payments (FSA)17: PLC Yield Update and Certification (FSA)18: ARC-CO Determinations and Examples (FSA) 19: ARC-IC Eligibility and Payments (FSA) 20: ARC-IC and Prevent Plant (FSA)
21: ARC and PLC Recap and Other Considerations (FSA)
VIDEO PAGE NAVIGATION
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Part 1: Commodity Program Overview

Brad Lubben, extension policy specialist, summarizes details related to producer decisions related to the 2018 Farm Bill, including the choice between ARC and PLC, loan programs, and more.

Part 2: Price Loss Coverage (PLC) Introduction

Brad Lubben, extension policy specialist, summarizes what the 2018 farm bill's reauthorization of the existing PLC program means.

Part 3: PLC - Yield Update

Brad Lubben, extension policy specialist, discusses how yield plays a role in PLC calculations.

Part 4: PLC - Effective Reference Price

Brad Lubben, extension policy specialist, discusses the role that ERP plays in PLC calculations.

Part 5: PLC Payment

Brad Lubben, extension policy specialist, discusses PLC payment and rates.

Part 6: ARC Introduction

Brad Lubben, extension policy specialist, discusses the basics of Agricultural Risk Coverage (ARC) options for producers under the 2018 farm bill.

Part 7: ARC-CO Trend Yield Adjustment

Brad Lubben, extension policy specialist, discusses trend-adjusted Olympic Average Yield and offers comparisons.