Jonathan Coppess

Jonathan Coppess - Jonathan Coppess - The Congressional Budget Office cost estimate for the House Farm Bill highlights a tradeoff for conservation policy. The additional funding for four conservation programs that was appropriated in the Inflation Reduction Act is used as an offset for increasing the permanent budget authority for those and other conservation programs. It exchanges more funding available to farmers for conservation that is temporary for lesser funding initially but that doesn’t expire.

Gary Schnitkey, Jonathan Coppess, Gary Schnitkey, and Nick Paulson - Carl Zulauf - In general, little relationship was found to exist between SCO payment per SCO insured acre and ARC-CO and PLC payment per base acre for barley, corn, oats, peanuts, long and medium grain rice, Japonica rice, sorghum, soybeans, and wheat over the 2015-2022 crop years. This finding raises questions about why SCO insurance can be purchased for historical base acres elected into PLC but not for historical base acres elected into ARC-CO.

Jonathan Coppess - Jonathan Coppess -

Brenna Ellison, Maria Kalaitzandonakes, and Jonathan Coppess - Maria Kalaitzandonakes - Results from the most recent wave of the Gardner Food and Agricultural Policy Survey show that the average U.S. consumer is still feeling the effects of inflation. While the rate of inflation is slowing down, this does not mean prices experienced by households will be lower or that their perceptions of inflation are improving. Our results indicate that over the last two years, consumers remain quite pessimistic about inflation.

Carl Zulauf, Gary Schnitkey, Jonathan Coppess, and Nick Paulson - Carl Zulauf - Since the 1996 Farm Bill’s seminal policy change that gave farmers the freedom to decide which crops to plant or not plant, land in US farms has declined by 75 million acres or -8%. Most (88%) of the decline occurred in pastureland. It is thus incorrect to equate the loss of farmland to a loss of cropland. Cropland has declined by only -2% while pastureland has declined by -13%. The sizable decline in pastureland is consistent with the growth in confinement animal production.

Jonathan Coppess, Maria Kalaitzandonakes, and Brenna Ellison - Jonathan Coppess - In this farmdoc daily post, we review two years of survey results to add further perspectives on the politics of inflation. We find that while, indeed, Democrats are more optimistic about inflation – non-metro Democrats are significantly less optimistic than their metro counterparts. Similarly, non-metro Republicans were much more pessimistic about inflation than their metro-counterparts. For policy makers and candidates, these perspectives may feed deliberation.

Jonathan Coppess, Maria Kalaitzandonakes, and Brenna Ellison - Jonathan Coppess -

Jonathan Coppess, Anthony Studer, Rabin Bhattarai, Dennis Bowman, Lowell Gentry, Corey Mitchell, Christopher Navarro, Sandeep Puthanveetil Satheesan, Rashmil Panchani, and Joseph Quansah - Jonathan Coppess -

Nick Paulson, Gary Schnitkey, Carl Zulauf, Jonathan Coppess - Uncategorized - The 2023 Commodity title program will make payments this fall, and payment rates for Price Loss Coverage and Agriculture Risk Coverage at the county level have been released. No PLC payments were triggered for corn, soybeans, or wheat as the 2023 MYA prices for these crops were all above their respective effective reference prices. ARC-CO payments for corn, soybeans, and wheat were triggered in a relatively small number of counties nationally.

Gary Schnitkey, Jonathan Coppess, Nick Paulson, Carl Zulauf, and Jim Baltz - Gary Schnitkey -