Corn Growers Unveils Benefit Analysis Calculator

Program will help producers decided which farm program is best for their operation.

Published on: Oct 20, 2008

The National Corn Growers Association has partnered with several of its state associations and land grant universities to develop a calculator that will allow farmers to see detailed benefits of traditional farm programs versus the Average Crop Revenue Election option that was included in the 2008 Farm Bill.

"We're excited about providing this tool to our growers because we believe it has great value in helping them see how the benefits the ACRE program can provide them," said Ron Litterer, NCGA chairman, who was a principal proponent of the program while serving as president of the association last year. "We will continue our efforts to ensure the program is implemented in as fair a way as possible for growers."

Some of the assumptions being made in the program may change as USDA has not completed final rulemaking for the ACRE program and is considering several price options to base the program on. They are currently looking at averaging prices from 2006 to 2007, while NCGA is pushing for use of season average prices from 2007 and 2008.

Litterer says the NCGA continues to urge its members to contact their members of Congress to ask them to press the Secretary of Agriculture to support the use of the two most recent marketing years when it comes to establishing state revenue guarantees for the 2009 crop.

To learn more about the calculator contact your state corn association.