How Much of a Yield Loss Will Create a 2024 ARC Payment
With the higher benchmark price for the 2024, it will not take much of a yield drop to create an ARC-CO payment to be paid in October of 2025.
It has been several years since ARC or PLC has made any material payments for most farmers. However, the 2024 ARC-CO decision will likely make payments to farmers if the county yield drops enough in yield and the final MYA price is close to the current USDA estimate for the 2024.
We have calculated some of the yield drops for various crops to determine how much of a drop is required to make a payment.
Keep reading with a 7-day free trial
Subscribe to Farm CPA Report to keep reading this post and get 7 days of free access to the full post archives.