The TAMU Farm Bill Decision Aid: An Introduction Michele Marra, Professor Ag and Resource Economics...

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The TAMU Farm Bill Decision Aid: An Introduction Michele Marra, Professor Ag and Resource Economics NCSU

Transcript of The TAMU Farm Bill Decision Aid: An Introduction Michele Marra, Professor Ag and Resource Economics...

Page 1: The TAMU Farm Bill Decision Aid: An Introduction Michele Marra, Professor Ag and Resource Economics NCSU.

The TAMU Farm Bill Decision Aid:

An IntroductionMichele Marra, Professor

Ag and Resource EconomicsNCSU

Page 2: The TAMU Farm Bill Decision Aid: An Introduction Michele Marra, Professor Ag and Resource Economics NCSU.

Collecting Data for Using the Decision Tool

Data collection is going to be, by far, the most time-consuming part of the decision process, as you will see in what follows.

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Purpose of This Presentation

• This slide presentation is designed to familiarize yourself with the various sources of data needed to use the Texas A&M Farm Bill Decision Tool.• The first two forms that follow, if you don’t have them already, can be

obtained from your local FSA office.• The second two forms that follow are from the Risk Management Agency

and, if you insure your crops, you should have them. If you don’t already have them, you can obtain them from your crop insurance agent.• The last form is a worksheet designed to organize the data you collect so

that you can easily fill in the information asked for in the decision tool.

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Crop Information Worksheet for Each Farm Unit for Use with the Texas A&M Decision ToolFSA Farm #: Administrative C ounty:

Crop Name

Counter Cyclical Pmt. Yield*

Base Acres*

Rate Yield^

APH Yield^

Harvest Time Basis

Current Crop Insurance

Y, RP, RP-HPE**

Coverage Level

Enterprise/Optional Unit

Planted Acres In:

2014

Planned 2015

Planned 2016

Planned 2017

Planned 2018

Historical Data*** Yield Plt. Ac.# PP Ac.# Yield Plt. Ac.# PP Ac.# Yield Plt. Ac.# PP Ac.# Yield Plt. Ac.# PP Ac.#

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

*CC Yield and Base Acres in the FSA form "Reported Commodity Crop History Summary" mailed to producers in August.

^Rate Yield is your 2008-2012 avg. actual yield (with no adjustments or plugs) leaving out the years you didn't plant the crop. APH Yield is your approved yield from RMA for crop insurance.

**Y-Yield Insurance, RP-Revenue Insurance, RP-HPE-Revenue Protection with harvest price exclusion

***Yield history available on crop insurance forms of farm records. Yields for 2008-2012 are used to update payment yields. Yields for 2004-2007 are used to appropriately incorporate yield risk in program participation and insurance decisions.

#Plt. Ac. - Planted Acres, PP Ac. - Prevented Planted Acres

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Decision Aid Login Instructions

1. Login: https://decisionaid.afpc.tamu.edu/2. Enter your email address.3. Choose a password and WRITE IT DOWN and put

it in a safe place.4. Go to the next page and start following the written

instructions.