Center for Agricultural & Natural Resource Policy

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    Developing a Better CSA Contract
    (2015-02) Goeringer, Paul
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    New Crop Insurance Option for Diversified Operations: Whole Farm Revenue Protection
    (2015-02) Goeringer, Paul; Leathers, Howard
    The 2014 Farm Bill authorized USDA’s Risk Management Agency (RMA) to develop a new type of revenue insurance product, Whole-Farm Revenue Protection (WFRP). WFRP provides a risk management tool for all commodities on farms with up to $8.5 million in insured revenue. WFRP is not intended for one specific crop, like corn, wheat, or soybeans like traditional revenue and yield insurance products, but is intended to cover all crops and livestock grown on a farm. This new product will replace the Adjusted Gross Revenue (AGR) and Adjusted Gross Revenue-Lite policies.
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    Taxes and Land Preservation: Computing the Capital Gains Tax
    (2014-12) Lynch, Lori; Goeringer, Paul
    Selling development rights or easements has tax implications for landowners, especially those who have owned their farms for a long period of time and seen land values escalate. This fact sheet discusses some of the implications for capital gains taxes.
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    Supplemental Coverage Option Now a Part of the Federal Crop Insurance Program
    (2015-01) Goeringer, Paul; Leathers, Howard
    The 2014 Farm Bill created Supplemental Coverage Option (SCO), a new add-on crop insurance option which provides supplemental coverage on a producer’s underlying crop insurance policy. SCO operates by mimicking a producer’s individual crop insurance coverage and increasing the protection to 86 percent of the producer’s actual production history (APH) yield and price election. An SCO loss payment occurs when the actual current year county yield (or revenue) is less than 86% of expected county yield (or revenue) at the time of planting. SCO became available with the 2015 crop year in select Maryland counties for winter wheat, and all corn and soybean counties except Allegany and Garrett. USDA’s Risk Management Agency (RMA) will begin looking at expanding covered counties and crops covered, and begin distinguishing by practices (such as irrigated compared to non-irrigated).
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    Estate Planning for Farm Families: Updated for 2014
    (2014-04) Lynch, Lori; Goeringer, Paul; Musser, Wes
    Updated for Maryland estate tax changes starting in 2014. This fact sheet provides an overview of the estate planning process
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    Trend-Adjusted Yield Option Introduced for Crop Insurance
    (2014-08) Goeringer, Paul
    Fact sheet has been updated to reflect wheat trend adjustments for 2015 crop year.
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    Federal Crop Insurance is Part of Farm Safety Net for Maryland Potato Producers
    (2014-03) Mathew, Sudeep; Goeringer, Paul; Lynch, Lori
    Gives overview of the qualifications for crop insurance on potatoes in Maryland
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    Risk Management Implications of the 2014 Farm Bill
    (2014-08-12) Goeringer, Paul
    Gives an overview of the risk management decisions that producers will need to consider as a part of the 2014 farm bill. Presentation was given around Maryland in August of 2014.
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    State Review of Environmental Impacts Could Result in Mineral Leasing Opportunities in Maryland
    (2014-05) Goeringer, Paul; Lynch, Lori
    Starting in 2007, many western Maryland landowners saw increased oil and gas leasing as gas companies further developed the Marcellus Shale which contains one of the largest known natural gas reserves in the world. The Marcellus Shale is adjacent to a large energy market in the East Coast. The formation is located primarily in eight states, including Pennsylvania, New York, West Virginia, and western Maryland. Many landowners may think that the period for understanding how to negotiate an oil and gas lease has passed, but Maryland’s oil and natural gas resources have not been fully developed. This Bulletin will explore some of the legal obligations that mineral owners should consider.