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Net Return to Farm Program Crops: Harvest 2024

Author

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  • Zulauf, Carl

Abstract

Concern over low crop prices and high costs is a 2024 farm bill cornerstone issue (farmdoc daily September 26, 2024). A common methodology is used to calculate current and historic net returns from the private market at harvest for large acreage program crops. Cotton and sorghum clearly are disadvantaged among these crops. Support from crop insurance is also examined. It is potentially notable given the decline in prices over the crop insurance period. Failure to consider crop insurance in determining ad hoc assistance will likely result in overlapping payments.

Suggested Citation

  • Zulauf, Carl, 2025. "Net Return to Farm Program Crops: Harvest 2024," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 14(189).
    • Handle: RePEc:ags:illufd:358417
    DOI: 10.22004/ag.econ.358417
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