
As with all recent farm bills, payment limits were a hotly debated topic in the 2014 farm bill. This article discusses most of the bill’s provisions that pertain to limits on Title 1 crop program payments as well as the Adjusted Gross Income (AGI) eligibility criterion for payments by crop and other programs. Payments limits are a technical and legal issue. Any decision on the number of entities receiving payments should be made with due diligence, including careful consideration of the business and legal implications, and should be discussed with both FSA and a lawyer who is an expert on payments limits. This article only serves as a starting point for thinking about this issue.
Agricultural and Food Policy, Demand and Price Analysis, Farm Management, Agribusiness, Crop Production/Industries
Agricultural and Food Policy, Demand and Price Analysis, Farm Management, Agribusiness, Crop Production/Industries
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