2025 Farm Bill Commodity Program #2 - Farm Policy and Risk Management Series
February 11, 2025 6:30PM - 8:00PM
Online via Zoom
Contact: Jonathan LaPorte , Molly Sears
These sessions will help agricultural producers explore their options for 2025 Farm Bill commodity programs. MSU Extension experts will provide information on current policy updates and how these relate to the Farm Bill. Program statistics and payments from 2024 will also be highlighted.
Speakers will explain how current and new program payments, such as Price Loss Coverage and Agricultural Risk Coverage, are calculated. They will also review how Farm Bill programs interact with crop insurance policies. The session will also provide examples using the MSU Extension Farm Bill calculator. The calculator helps showcase which programs may produce the most benefits for a producer’s individual needs. These are repeat sessions focusing on corn, soybeans, and wheat crops. Participants are encouraged to attend either or both sessions.
Note: these sessions are contingent on existence of commodity programs based on passage of a new Farm Bill or extension of the 2018 Farm Bill.
Michigan farmers need to manage many risks. Production risk brought on by weather, price risk from volatile markets, and even input cost risk can be challenging to manage. To aid producers in managing or reducing impacts from these types of risks, MSU Extension is offering the 2025 Farm Bill commodity program sessions as part of a new season of the virtual Farm Policy and Risk Management Series.
The Farm Policy and Risk Management Series is a free program presented by Michigan State University Extension. To participate, registration is required. To register today, visit: https://events.anr.msu.edu/fprms/
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