While FAPRI's Baseline Briefing Book predicts a spike in farm bill spending due to lower crop prices, its forecast could affect farm program signup. Farm Bill Spending The authoritative Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri issued its latest Baseline Briefing Book today. While it does predict a spike in farm bill spending due to lower crop prices, its forecast could affect farm program signup. FAPRI's analysis indicates that the Price Loss Coverage (PLC) option will attract more participation than the Agricultural Risk Coverage approach, and although both programs start out equal in outlays, PLC becomes more expensive in the out-years. In other words, its price guarantees are more valuable f...