ADAP: Clear as Mud, Part Deux  My Generation  Part Two of a
series with former Illinois FSA head Bill Graff, as we dissect
NCGA's proposed farm program.  Published on: September 22, 2011
So earlier this week, Bill Graff – Illinois farmer, blogger and
former head of Illinois FSA – offered his thoughts on NCGA's
proposed farm program, the Agricultural Disaster Assistance
Program, or ADAP. Yesterday, he contrasted ADAP and ACRE. Today,
further thoughts on the whole shebang. Take it away, Bill…  Crop
Insurance is very good for risk management as long as your
spring price is OK. If we have a huge drop in commodity prices
then crop insurance is not so good for that year.  This is a
very good program for the central part of the Corn Belt on very
productive land. This is not going to be well received where
farmers have either boom or bust years. Shallow revenue losses
will be covered but with the 10% limit, risky production areas
that depend on disaster programs will not go for this as a
replacement for SURE. An exam