, AgWeb Business & Crops Online Editor
Are you considering signing up for the Average Crop Revenue Election (ACRE) program? Do you have questions about the new program?
The Food and Agriculture Policy Research Institute (FAPRI) at the University of Missouri recently released an online tool to help farmers determine if ACRE is a good option for their operation.
"We hear a lot of talk as we go out and do these meetings,” says Peter Zimmel, program director of representative farms at FAPRI-MU. "Farmers have been talking in the coffee shops and they say, well this is too complicated; we're just not even going to even look at it. Well if you take the time to look at it, it may be beneficial to your farming operation.”
The FARM Tool, which stands for FAPRI ACRE Risk Management, is a downloadable spreadsheet. Farmers simply enter their farm's information. Then the tool creates output that details the probability of receiving an ACRE payment.
The tool is programmed for five states: Illinois, Indiana, Iowa, Minnesota and Missouri.
Watch the related AgDay coverage:
Farmers can download the tool from FAPRI's Web site, www.fapri.missouri.edu
, or request a copy by mail. Zimmel says farmers can also sign up to receive e-mail alerts if the spreadsheet is updated.
Zimmel spoke last week during the Missouri Agriculture Outlook Conference sponsored by FAPRI, in Jefferson City, Mo.
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