By Trista Crossley
December is usually the season to be merry, but in 2014, it was also the season to work through the farm bill program options available to farmers. A series of workshops held throughout the month by Washington State University (WSU) Extension, with cooperation from the Agricultural Marketing and Management Organization and the Farm Service Agency (FSA), aimed to shed a little light on the process.
More than 540 people took part in five workshops held across Eastern Washington. Randy Fortenbery, a WSU ag economics professor, talked about factors that can influence wheat prices and the perils of trying to forecast those prices more than a couple of months into the future. Shannon Neibergs, WSU Extension economist and the director of the Western Extension Risk Management Education Center in Spokane, gave an overview of the new programs: Price Loss Coverage (PLC) and Agricultural Risk Coverage (ARC). Rounding out the workshops was Aaron Esser, county director for Lincoln-Adams WSU Extension, who walked attendees through one of the online decision aids.
Read more in Wheatlife.