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Recent News and Information
- Weather-Related Livestock Sales
- Average Crop Revenue Election (ACRE) Program
- Average Crop Revenue Election (ACRE) Worksheet (xls)
Starting with the 2009 crop year, the Average Crop Revenue Election (ACRE) program is a new, optional safety net for farmers provided by Congress in the Food, Conservation, and Energy Act of 2008 (commonly called the farm bill). The ACRE program is based on changes in crop revenue. It is an alternative to the counter-cyclical (CC) program which is based only on changes in crop prices. Farmers have to choose between the two programs; they cannot receive benefits from both. At first, farmers may find this safety net based on crop revenue appealing; however, making this choice is more complicated than it first appears. The complexities essentially take away any possibility to develop simple decision rules or breakeven prices for farmers to make the decision to choose between ACRE and CC. The attached factsheet and Excel worksheet are designed to help farmers understand the ACRE program and to help farmers make the choice between ACRE and CC by estimating payments under different views of the future.
- How the 2009 Federal Stimulus Package Will Affect Agriculture
- "Farm Decisions in the Current Economic Climate" by Kent Olson slides and text (pdf)
- Farm Bill Update: Conservation and Energy Programs (pdf)
- 2009 Ag Income Tax Update for Farm Families
(Apr 2009) (pdf)
- Minnesota Crop Cost & Return Guide - 2009 (pdf)
- Projected 2009 Crop Enterprise Budgets for Corn Grain, Soybeans, and
Wheat (xls)
- Cropland Rental Rates for Minnesota Counties - 2008 (html and pdf)
- Interactive Tool for Land Purchase Decisions (xls)
- Annie's Project
- Crop Insurance Procedures for Delayed Harvest and Aflatoxin Damage (pdf)
- Interactive 2007 Tax Rate Worksheet & Estimator (xls) - 2007 Tax Rates and Brackets for Self-Employed Income in MN (filing MFJ) by Jim Kurtz, Regional Extension Educator
- Grain Marketing is Simple (it's just not easy) - a new book by Ed Usset, University of Minnesota Extension grain marketing specialist
- Important Federal Crop Insurance Dates & Definitions (pdf)
- Tax Planning for Crop and Crop Revenue Insurance (pdf)
- A Farm Bill for the Future:
The Safety Net (pdf)
- Farm Bill Prospects and the Changing Economics of Agriculture, 2007 Minnesota Chapter ASFMRA Summer Seminar slides in color & slides in black/white (pdf)
- [more articles]
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