Supplemental Coverage Option (SCO) is a crop insurance product that provides additional coverage for an underlying crop insurance policy. This article provides a brief overview of Wisconsin SCO and discusses its performance from 2015 to 2023.
Given recent changes in U.S. trade policies, specifically, the introduction of a 25 percent tariff on imports from Canada and Mexico coupled with increases in existing tariffs on China, there is need to better understand the potential ramifications on Wisconsin’s agricultural economy.
To help producers manage the risks associated with forage production, several insurance and support programs are available to Wisconsin producers. This article provides a historical examination of forage risk management programs available in Wisconsin from 2015 to 2024.
Producers can use Whole Farm Revenue Protection to mitigate the risks associated with forage production, offering revenue protection for an entire farm operation rather than individual crops or livestock.
This analysis shows trade tariffs, stricter immigration policy, and reductions in nutrition program spending would have substantial negative effects on the U.S. dairy sector.
Variability in crop markets can make it challenging for farmers to choose the right ARC/PLC program for their specific area and crop. This ‘What-If’ Tool helps Wisconsin producers analyze potential payments at various price levels and county yields.
The Extension Farm Management Program has developed interactive tools to assist Wisconsin producers in comparing ARC-County (ARC-CO) and PLC payments by county, commodity, and irrigation type.
President Trump has initiated a phased rollout of universal tariffs on all U.S. imports. Economists suggest that these policies will likely be inflationary, as businesses paying higher tariffs may pass costs onto consumers. Additionally, affected trading partners could retaliate, potentially leading to a broader trade conflict.
In this presentation, Sylvanus Gaku, Extension Farm Financial Management Outreach Specialist, covers what producers need to know for the 2025 ARC/PLC sign-up.
In this presentation, Leonard Polzin, Extension Dairy Markets and Policy Outreach Specialist, covers what producers need to know for the 2025 DMC sign-up. He walks through changes and discusses the DMC decision tool that helps producers decide on the level of coverage necessary.
This recording offers an overview of the agricultural economy in Wisconsin. Hadachek discusses in detail a comprehensive report he co-authored with Dr. Steven Deller that analyzes agricultural contributions, particularly focusing on food processing and on-farm production.
This recording outlines the current state and future outlook of farm income in the United States, focusing on key metrics such as net farm income, production conditions, and economic indicators.
Hear about the current state of the dairy market, focusing on the influences of processing capacity, beef prices, policy implications, and production costs.
This article provides estimates of economic assistance for Wisconsin producers following the passage of the American Relief Act, 2025, on December 20, 2024.
The Dairy Margin Coverage (DMC) program continues to serve as a critical risk management tool for dairy producers, helping mitigate the impact of volatile milk and feed prices. This article provides an update on key provisions, eligibility requirements, risk management considerations, and historical performance insights for the DMC program.
This article highlights an defines the intricate interplay between Federal Milk Marketing Orders, transportation costs, regional supply and demand, and local market dynamics.
The USDA AMS issued a final decision to amend the uniform pricing formulas for all 11 FMMOs. The amendments, which include adjustments to formulas and factors, must now be approved by eligible producers through a referendum.
As 2024 ends, 2025 looks to bring challenges and opportunities for the year ahead. Milk production is expected to grow through the remainder of 2024 and into 2025 driven by growth in the US dairy herd and ever-improving productivity in milk production.
