The agricultural risk policy center (arpc) at north dakota state university is entering into a congressionally mandated policy research center cooperative agreement with the office of the chief…

The agricultural risk policy center (arpc) at north dakota state university is entering into a congressionally mandated policy research center cooperative agreement with the office of the chief economist providing USDA, congress, and agricultural producers with rapid-response economic analyses and data for analysis of agricultural risk management policies and market disruptions, delivering insights into policy development and the policy-making process that help to achieve optimal outcomes for agricultural producers. Certain analyses of how agricultural risks affect producers need to be done at the farm level. Arpc is developing an integrated, farm-level policy evaluation framework that uses farm-level administrative data from the USDA risk management agency (RMA) administrative data from the USDA farm service agency (FSA) to develop an empirical model to assess the economic impacts on agricultural producers of changes to federal crop insurance and commodity support programs from the farm bill, thus aiding in the design of risk management policies to better serve the needs of producers. Leveraging high-frequency data and empirical modeling methods, the arpc is also strengthening its capacity to deliver to USDA, congress, and other stakeholders near-time analysis of agricultural market disruptions such as price shocks, input market volatility, extreme weather events, and breakdowns in food supply chains, providing USDA congress a rapid response to emerging economic and policy issues that could have negative consequences for producers.