World Perspectives

Crop Program Payment Estimates for 2024

Today, sign-up for the Ag Risk Coverage (ARC) and Price Loss Coverage (PLC) programs closes; without a new farm bill, no changes have been made to either program. Producers can choose between the price triggered PLC and the revenue triggered ARC. ARC comes in two forms, ARC County (ARC-CO) and ARC Individual (ARC-IC). The calculations for the ARC-IC program are the same as for the ARC-CO program, except ARC-IC uses farm-level yield data and considers all crops on a farm unit together for calculation of potential payments in a given year. PLC and ARC-CO payments are paid on 85 percent of crop base acres, while ARC-IC payments are paid on only 65 percent of base acres. The 2023 farm program yields on individual farm units, which were last up...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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