Eastern Iowa Farmer Spring 2021

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By KRIS KOTH Clinton County Executive Director Cedar County Acting Executive Director Farm Service Agency kris.koth@usda.gov EASTERN IOWA FARMER The 2021 ARCPLC sign-up has begun, and producers have until March 15 to enroll in the 2021 program. Because the doors to the FSA office remain locked to producers, we encourage them to contact their local FSA office to see how ARCPLC signup is being handled in their county. One thing that is the same in every county is that if there have been any changes to your farming operation (change in shares, no longer farming a farm, or you picked up a new farm) since the 2020 crop year, please contact your office. Producers are reminded that the 2021 Marketing Year runs from Sept. 1, 2021 through Aug. 31, 2022. The 2021 Program will be paid in October of 2022. Producers can also use the following web tools: n Gardner-farmdoc Payment Calculator, the University of Illinois tool that offers farmers the ability to run payment estimate modeling for their farms and counties for ARC-County and PLC. n ARC and PLC Decision Tool, the Texas A&M tool allows producers to analyze payment yield updates and expected payments for 2021. Producers who have used the tool in the past should see their username and much of their farm data already available in the system. Following is a quick overview of the three program options: Price Loss Coverage (PLC) PLC program payments are issued when the effective price of a covered commodity is less than the respective effective reference price for that commodity. The effective price equals the higher of the national market year average price (MYA) or the national average loan rate for the covered commodity. The effective reference price is the lesser of 115% of the reference price or an amount equal to the greater of 2021 ARCPLC sign-up underway at local Farm Service Agency the reference price or 85% of the average of MYA prices from the five preceding years, excluding the highest and lowest price. The reference Price in Corn is $3.70 and $8.40 on Soybeans. Payments are triggered when the marketing year price for those commodities falls below the reference price. County Agriculture Risk Coverage (ARC- CO) ARC-CO program payments are triggered when the actual county crop revenue of a covered commodity is less than the ARC-CO guarantee for the crop. The actual county revenue and the revenue guarantee are based on county level yield data for the physical location of the base acres on the farm and tract. ARC-CO payments are not dependent upon the planting of a covered commodity or planting of the applicable base crop on the farm. The ARC-CO benchmark revenue is the fiveyear Olympic average MYA price multiplied by the five-year Olympic average county yield. Benchmark yields and MYA’s will be calculated using the five years preceding the year prior to the program year. The ARC-CO guarantee is determined by multiplying the ARC-CO benchmark revenue by 86%. The ARC-CO actual crop revenue is determined by multiplying the applicable actual county yield by the MYA price for the program year. County yields for the benchmark and actual revenues will be based on the physical location and historical irrigated percentage of base acres on the farm and tract. If a farm has base acres physically located in more than one county or has a historical irrigated percentage for the covered commodity, the benchmark and actual crop revenues will be weighted and summarized based on those aspects to the farm level. The ARC-CO payment is equal to 85% of the base acres of the covered commodity multiplied by the difference between the county guarantee and the actual county crop revenue for the covered commodity. Payment rates may not exceed 10% of the ARC-CO benchmark revenue. Individual Agriculture Risk Coverage (ARC- IC) ARC-IC program payments are issued when the actual individual crop revenue for all covered If you have any questions, please contact your local FSA Office. Cedar County 205 W. South St., Ste. 3, Tipton, IA 52772 (563) 886-6061 Clinton County 1212 17th Ave., DeWitt, IA 52742 (563) 659-3456 Dubuque County 210 Bierman Road, Epworth, IA 52045 (563) 876-3328 Jackson County 601 E. Platt St., Maquoketa, IA 52060 (563) 652-3237 Jones County 300 Chamber Dr., Anamosa, IA 52205 (563) 462-3517 102 Eastern Iowa Farmer | Spring 2021 eifarmer.com
FSA News commodities planted on the ARC-IC farm is less than the ARC-IC guarantee for those covered commodities. ARC-IC uses producer’s certified yields, rather than county level yields. ARC-IC payments are dependent upon the planting of covered commodities on the farm. A producer’s ARC-IC farm is defined as the sum of the producer’s interest in all ARC-IC enrolled farms in the state. The farm’s ARC-IC guarantee equals 86% of the ARC-IC farm’s weighted benchmark revenue. The ARC-IC benchmark revenue is the five-year Olympic average revenue, which is the MYA price multiplied by the individual’s certified yield for each year in the benchmark period. A benchmark revenue is calculated for each planted covered commodity on the ARC-IC farm in the current year, weighed and summed across all covered commodities on the farm. The yields and MYA prices used in the benchmark calculation will be the five years preceding the year prior to the program year. The ARC-IC actual crop revenue is determined by multiplying the MYA price by the individual’s certified yield, weighted and summed across all covered commodities planted on the farm in the current year. The ARC-IC payment is equal to 65% of the total base acres on the farm, multiplied by the difference between the calculated individual guarantee revenue and the actual individual crop revenue summed across all covered commodities planted on the farm. ARC-IC payment rates may not exceed 10% of the individual weighted benchmark revenue. n TOP 100 FARM LENDERS by Dollar Volume See why our Ag Professionals rank among the nation’s best. Visit us at one of our convenient locations! Clinton • Eldridge DeWitt • Goose Lake LeClaire (800) 262-3141 www.firstcentralsb.bank Kathy Sellnau ksellnau@firstcentralsb.com Scott Wiley swiley@firstcentralsb.com Tyler Vandendooren tvandendooren@firstcentralsb.com Leo McGarry lmcgarry@firstcentralsb.com Matt McGuire mmcguire@firstcentralsb.com The Friedman Group, Your Partner in Confinement Insurance New programs mean new opportunities. Contact us today to find out about our new confinement insurance program options. The Friedman Group, protecting what is important to you. Pictured: Eric DeSousa, Friedman Group account executive 880 Locust Street, Suite 200 Dubuque, IA 52001 | Phone: (563) 556-0272 | www.friedman-group.com eifarmer.com spring 2021 | Eastern Iowa Farmer 103
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The Eastern Iowa Spring 2021 Farmer
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TODD HUSMANN Channel Seedsman Cente
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s... ter! › CommerCial Warehousin
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Today, Tomorrow, Forever Joining th
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Story Index 52 Mother Nature is hav
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McCaulley Ag Service Tyler Shannon
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Chores: The building blocks of char
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Country chores (Left) Among the ani
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Country chores “We’ve always ho
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Supporting local is who we are When
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We offer tile repair and systems of
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grain bin safety Eastern Iowa Farme
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Martens Angus Farms grain bin safet
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Maquoketa Agency Offce: 563-652-568
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ASSISTED LIVING • SKILLED REHABIL
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gate to plate “We’d take bones
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gate to plate “There’s some pol
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Have you cHecked your soil Fertilit
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117 S. 2nd St. Maquoketa 563-652-65
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woolly endeavor “Every year I com
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Bulletins offered good, free advice
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little bit ...where FRANZEN FAMILY
Page 52 and 53: Clinton County farmer Chad Petersen
Page 54 and 55: It started with one truck... That w
Page 56 and 57: mother nature “None of this equip
Page 58 and 59: More FOR YOUR FARM Animal Health
Page 60 and 61: mother nature Eastern Iowa Farmer p
Page 62 and 63: mother nature Rebuild and Restart L
Page 64 and 65: mother nature In that phone call Le
Page 66 and 67: mother nature In fact, it was an in
Page 68 and 69: 903 DeWitt St.,Grand Mound www.lega
Page 70 and 71: mother nature John Mueller John Mue
Page 72 and 73: mother nature Water levels at Lock
Page 74 and 75: mother nature “I talked about how
Page 76 and 77: mother nature called and explained
Page 78 and 79: mother nature “It is like when a
Page 80 and 81: mother nature Gerry Farrell Delmar
Page 82 and 83: mother nature Almanacs use ‘secre
Page 84 and 85: When you need a familar face we’r
Page 86 and 87: mother nature Navigating through ca
Page 88 and 89: FARMERS AT HEART ® DOING WHAT’S
Page 90 and 91: mother nature repairs to get by unt
Page 92 and 93: mother nature Keeping an eye on thi
Page 94 and 95: mother nature way of life. Kara How
Page 96 and 97: A farming future is worth the sacri
Page 98 and 99: Land prices Prices moving to the no
Page 100 and 101: Land prices cultural professionals
Page 104 and 105: Deep roots grow tall We want to tha
Page 106 and 107: Ag Bytes Meteorologist documents de
Page 108 and 109: Ag Bytes outstanding achievements i
Page 110 and 111: Delaneys Auto & Ag Center & Repair
Page 112 and 113: 1. All in the family — Marty Kram
Page 115 and 116: 1. Sage Medinger takes a quick snoo
Page 117 and 118: 1. Cole and Logan Green help their
Page 119 and 120: 1. “Spiderman,” Dylan Matthiese
Page 121 and 122: 1. Molly Matthiesen and Meghan Klem
Page 123 and 124: One of the nation’s fastest growi
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Eastern Iowa Farmer Spring 2021

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