2024 Crop Safety Net Payments: Performance of Contemporary Ad Hoc Assistance - farmdoc daily
Carl Zulauf, Jonathan Coppess, Nick Paulson, and Gary Schnitkey - This article compares economic loss with safety net payments for the nine large acreage crops that USDA, ERS reports a cost of production. 2024 crop safety net assistance is estimated to reduce the nine crop’s collective economic loss from 17% to slightly more than 3% of total economic cost. Coverage of individual crop economic loss varies widely, ranging from 180% (payments exceed economic loss by 80 percentage points) to 45...| farmdoc daily
