By Jean Paul McDonald, Farms.com
The 2014 U.S farm bill is being rolled out, and it’s bringing changes for farmers and ranchers - especially dairy and grain producers. To help adjust to some of these changes, farmers are encouraged to participate in a series of workshops that are being held in their home states.
Attending the education workshops will help prepare American farmers to make informed decisions about participating in farm bill programs. The purpose of the workshops are to provide producers with a better understanding of the new programs, and what decisions they’ll need to make for their farming business.
Changes for grain farmers: farmers will have to choose between obtaining agriculture risk coverage or price loss coverage income support programs. One program is based on revenue, while the other one is based on commodity price. Previously, grain farmers got direct payments, regardless of yield or price of acreage. The biggest change for dairy farmers is the new insurance program.