2014 farm bill meeting set Tuesday
HUBBARD – An information meeting on the 2014 farm bill will be from 1:30 p.m. to 4 p.m. Tuesday at the Hubbard Golf and Recreation Club, 21251 Co. Highway D55 in Hubbard.
Presenters will be Kelvin Leibold, an Iowa State University Extension farm management specialist, and Sandy Hoversten, executive director for Hardin County Farm Service Agency.
Because of the new farm bill, landowners are deciding whether to reallocate base acres and update yields. It is the first opportunity to make those changes since the 2002 farm bill.
“Now is a good time for landowners and tenants to talk about the benefits of updating yields,” Leibold said.
The farm bill meeting will introduce new programs including Price Loss Coverage, County Agricultural Risk Coverage, and Individual Agricultural Risk Coverage.
Leibold will also discuss how the new crop insurance product, Supplemental Coverage Option, interacts with the Price Loss Coverage program.
“The farm safety net has changed with the new farm bill,” Leibold said. “The common anchor across the new programs is the marketing year average price.
“I want farmers and landowners to understand their risk management options under the new farm bill and consider what they can protect against.”
There is no cost to attend the meetings; however, pre-registration is required to prepare adequate handouts.
To register, call Hardin County Extension at (641) 648-4850.
The meeting is sponsored by ISU Extension, USDA, Farm Credit Services, and Iowa Corn Growers Association.
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