2018 Farm Bill

Discussion in 'Iowa Whitetail Conference' started by IowaBowHunter1983, Sep 5, 2017.

  1. Duckriver

    Duckriver Member

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    From what I am getting the crop years will stay the same. Typically crop years change about every 2 farm Bill's.
     
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  3. Muskrat24

    Muskrat24 Active Member

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    I believe the crop years have moved up with the new sign-up. 2012 to 2017 I believe but would have to look again.
     
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  4. Hardwood11

    Hardwood11 Well-Known Member

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    I was told the crop years will change. They said a new sign up is expected in June or July.
     
  5. hans1

    hans1 Active Member

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  6. Sligh1

    Sligh1 Administrator Staff Member

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    Fantastic!!!! Wow!!! I wanna be on the ball here!!! Think it’s best to touch base with fsa & maybe Nrcs before June date? Hopefully acres don’t get eaten up but just in case- wanna be on this!
     
  7. IowaBowHunter1983

    IowaBowHunter1983 Super Moderator Staff Member

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    So if I'm reading this right, rates will be 90% of existing crp rates. If that is accurate that is WAY better than the rumored 85% of average cash rents for the county. I hope I'm reading that right. Be a big win for conservation and wildlife.
     
    Last edited: May 19, 2019
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  8. Hardwood11

    Hardwood11 Well-Known Member

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    There are some good continuous programs on the list. Check out the Duck Nesting program, I was able to get 70 acres in that program before, and it use to allow around 10-20% in trees to be planted.
     
  9. Muskrat24

    Muskrat24 Active Member

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    90% rate is of the CURRENT rental rate from last year. 90% is for continuous sign-up practices only. 85% rate will be for general sign-up programs which is expected late in the year. What the continuous practices will be is still to be determined I think BUT VERY UNLIKELY that continuous will include whole fields. Continuous in the past has meant waterways, buffer strips, etc. I am anxious to see if pollinators still fall into continuous but if they do the incentives and cost share will likely mean $ out of pocket for pollinators plantings.
     
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  10. IowaBowHunter1983

    IowaBowHunter1983 Super Moderator Staff Member

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    Ok for clarity... give us all some real world figures for example. Appreciate the info!

    Sent from my SM-G965U using Tapatalk
     
  11. Muskrat24

    Muskrat24 Active Member

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    Couldn't even come close. Rates are set per soil type and per county. Payments based on high three predominant soils in the acreage being bid into CRP. I hope the rates have gone down in Iowa from a couple years ago and then 90%/85% of the new rate.
     
  12. IowaBowHunter1983

    IowaBowHunter1983 Super Moderator Staff Member

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    Ok...meant figurative as example. Old rate is xxx. Current rate is xxx. Therefore new signup rate will be xxx.

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  13. Muskrat24

    Muskrat24 Active Member

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    A good starting point would be to look up the ISU rental rate survey for your county and compare your ground to the low, medium and high cash rents. THE BEST option would be to stop in your local FSA office in the county that your land is located/carried.
     
  14. hans1

    hans1 Active Member

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    The rates will be down some from what was seen in the previous signups in the past 2 years it. If you compare the rates to what people got on enrollment 2015,2016and 2017 these could be as low as half of those rates on the best high value soil. I am most familiar with south central Iowa county’s. It also looks like less bonuses through the removal of the SIP,and PIP incentive payments. As an example I pulled a farm that I enrolled in 2016 and planted in spring of 2017.The pay rate is 256.00 an acre, That same farm using the same 3 predominant soils would go in at 148.00 in this signup. This is Monroe county. Please post any new bid as they are given i am interested in what others find.
     
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  15. Muskrat24

    Muskrat24 Active Member

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    How did $256 compare to market cash rents when you bid your farm in and how would $165 (.9*$165=148) compare now?
     
  16. hans1

    hans1 Active Member

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    Using ISU county average rental rates won’t be close as crp is based on the 3 predominant soils in the fields being offered. Some of the lower quality soil rates went up and the real high ones went wAy down. One thing to be careful of is in continuous signup like buffers it often takes the best paying acres but on a small amount of land leaving the remaining field a much lower rate. The only way to get a realistic estimate is to pick a field on your farm and have FSA run and give you the rental rate. It also sounds like there will be a general signup in Dec.
     
  17. Duckriver

    Duckriver Member

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    Update: no sip,pip, no cost share for management activities in this sign up.
    Crop years 2012 -2017.
    No cp42 authorized.
    Soil rental will be 90%of what rate was on Sept 2018.
     
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  18. hans1

    hans1 Active Member

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    In my above post # 133 after rechecking, that is the rate before the reduction to the 85% in a general it is 90%in a continuous. So bottom line the rate that was 256 went to 148 but would enroll at 125.80 for a General sign up and 133.20 in a continuous. This is Monroe county I have looked at prices in the 4 surrounding county’s and they are all very similar. It will be interesting to see how much interest is there at these prices.
     
  19. IowaBowHunter1983

    IowaBowHunter1983 Super Moderator Staff Member

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    How did the USDA arrive at 148 from 256? (148/256 = 57%). Curious. I can work into the 125.80 and 133.20 numbers as 85% and 90% of 148 respectively

    Bottom line, if rates are going to be half of what they use to be in the 2014 farm bill & there is no cost share, max acres in CRP will never be in jeopardy and there will be very little interest. I love what CRP offers, but will not pursue much of it at all. A lot of marginal ground would be well under $100 in that case. That will hurt wildlife and conservation.
     
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  20. Muskrat24

    Muskrat24 Active Member

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    The question to ask yourself is how does $148 compare to current market rates. $256 was likely way too high and now we all are paying for the repercussion of rates that were too high to begin with. CRP was not designed to set the cash rent market. I do agree the CURRENT rates are likely on the other side of the pendulum. The rates I am aware of in MO did not change other than the 85/90 and are in line with current market rates.
     
  21. IowaBowHunter1983

    IowaBowHunter1983 Super Moderator Staff Member

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    Yup I get it. Old CRP rates were way out of line, especially towards the tail end of the bill. Looks like they are out of line again.... on the other side. No one is going to enroll much CRP at rates under $100, which is where a LOT of marginal ground is going to land.

    Example on a lot of southern iowa ground: 2014 farm bill CRP rates.... 175- 200. New rates <$100. Can cash rent for 20-60% more depending on area.
     
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