2014 Farm Bill: Historical Likelihood of County ARC and SCO Payments for Soybeans in Illinois
The farmdoc daily posts on May 8th and May 15th analyzed the County Ag Risk Coverage (ARC) and Supplemental Coverage Option (SCO) programs created in the 2014 Farm Bill. County ARC is one of the optional commodity programs available to producers of eligible program crops, while SCO is an optional insurance program which supplements the producer’s underlying individual plan of insurance. Both programs have “shallow loss” coverage designs: payments are triggered when actual revenues or yields fall below a specific guarantee, and are capped at a percentage of the value of the guarantee (details on the new commodity program options can be found in farmdoc daily February 20, 2014; details on SCO can be found in farmdoc daily February 27, 2014 and April 24, 2014; all posts in our continuing series on the 2014 Farm Bill can be accessed here). Today’s post extends the historical analysis of County ARC and SCO to soybeans in Illinois. Since the decision to use the County ARC (or Individual ARC) program limits the producer’s eligibility to use SCO, analysis comparing these programs should be useful in making program decisions.
2014 Farm Bill: Estimated Payment Sizes for County ARC and SCO on Soybean Acres in Illinois
Today’s post continues the historical analysis of the new County ARC and Supplemental Coverage Option programs created in the 2014 Farm Bill. Last week’s post (farmdoc daily June 5, 2014) focused on the likelihood of payments being triggered by yield or revenue losses on soybean acres in Illinois. This post provides estimates of relative payment size on Illinois soybean acres based on the same historical data. Similar analyses have also been performed for corn acres in Illinois (farmdoc daily May 8, 2014 and May 15, 2014). More details on the new commodity program options can be found in farmdoc daily February 20, 2014. Details on SCO can be found in farmdoc daily February 27, 2014 and April 24, 2014.
Assessing student learning in higher education
Chapter 1. Introduction to the Text, Chapter 2. What is Assessment?, Chapter 3. Student Learning, Chapter 4. Methods and Strategies: An Overview, Chapter 5. Assessing Essays, Chapter 6. Multiple Choice Questions, Chapter 7. Assessing Practical Work, Chapter 8. Assessing Projects, Chapter 9. Assessing Problems, Chapter 10. Assessing Oral Communication, Chapter 11. Self and Peer Assessment, Chapter 12. Self Assessment: Related Approaches, Chapter 13. Using Computers in Assessment, Chapter 14. Changing Assessment, Chapter 15. Reliability, Validity and Examining, Chapter 16. Quality, Standards and Underlying Issues, Bibliography Notes and comments on activities Some further reading Appendix One: Examples of examination questions in Arts, Law and Social Sciences