FARM Assistance has been used to analyze all types and sizes of crop and livestock operations. Over 1,500 alternative scenarios with their associated risk have been analyzed for individual producers statewide – representing 1.9 million acres of crop and pasture land.
One measure of the FARM Assistance program’s impact is the projected net worth consequences of alternative scenarios analyzed for each subscriber. This measure indicates the gain in net worth a producer would likely see, at the end of the 10-year planning horizon, resulting from choosing the better of two alternatives. Just looking at the difference between the base situation and one alternative scenario implies that producers going through the program, on average, could expect a $28,000 per year difference in net worth compared to the base or baseline situation. For the 10-year planning horizon, that’s almost $300,000 per subscriber.