Agricultural risk coverage (ARC) is a “shallow loss” agribusiness income guarantee program created in the 2014 farm bill. Producers of major commodity crops such as wheat, corn, soybeans and many others may choose county-based or individual coverage. The program covers shallow as opposed to deep losses experienced after severe droughts or floods. For producers choosing […]
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Environmental Quality Incentives Program (EQIP)
EQIP provides technical assistance, cost-share payments and other incentive payments to assist crop and livestock producers with environmental and conservation improvements on agricultural land used. Beneficiaries include many large-scale producers of Concentrated Animal Feeding Operations (CAFOs) who receive taxpayer subsidies for cleaning up the waste that inevitably collects because of their operations. The 2018 farm […]
Continue Reading »Market Access Program (MAP)
Since 1978, MAP has subsidized overseas advertising campaigns, product demonstrations, promotions and exhibitions for U.S. agribusinesses and trade associations. The U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) administers the market promotion program.
Continue Reading »Price Loss Coverage Payments
PLC provides crop price support payments primarily to agricultural producers of corn, soybeans, wheat, rice, oilseeds, peanuts and pulse crops. If a crop price falls below a government-set minimum price, a subsidy payment is made. Payments are reduced on an acre-by-acre basis for producers who choose to grow fruits, vegetables or wild rice that are […]
Continue Reading »Crop Insurance
Producers can purchase taxpayer-subsidized insurance through the Federal Crop Insurance Corporation (FCIP). Though called “insurance,” it does not operate like insurance that most Americans purchase. That is because the government typically pays 100 percent of the premiums for basic catastrophic coverage and subsidizes an average of 62 percent of farmer’s individual crop insurance premiums. In […]
Continue Reading »Foreign Market Development Program
The Foreign Market Development Program promotes export of agricultural products by funding activities including trade promotion, market research and technical assistance to actual or potential foreign purchasers of U.S. commodities. The Foreign Agricultural Service (FAS) enters into agreements with agricultural trade associations and commodity organizations to promote trade.
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