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Assessing Design of the FARM Ad Hoc Assistance Proposal

Author

Listed:
  • Zulauf, Carl
  • Schnitkey, Gary
  • Coppess, Jonathan
  • Paulson, Nick

Abstract

This article continues the assessment of the FARM (Farmer Assistance and Revenue Mitigation) Act of 2024 initiated in the November 4, 2024 farmdoc daily. FARM’s coverage of current estimated 2024 economic loss varies considerably by crop, potentially prompting the “fairness issue.” Moreover, commodity program payments will not be known until October 2025. This information hole increases the odds of miscompensation, providing another reason to move commodity program payments forward from the end of the marketing year (farmdoc daily, October 30, 2024).

Suggested Citation

  • Zulauf, Carl & Schnitkey, Gary & Coppess, Jonathan & Paulson, Nick, 2025. "Assessing Design of the FARM Ad Hoc Assistance Proposal," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 14(207).
  • Handle: RePEc:ags:illufd:358400
    DOI: 10.22004/ag.econ.358400
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