Most Crops Get Bump in 2025 ARC Benchmark Price
If the House Ag Proposals go through, most crops will see a bump in ARC
The House has passed their budget bill, and it is off to the Senate. Part of that bill includes an increase in reference prices which we have posted on before. With the increase in reference prices, we will see an increase in the ARC benchmark price for most crops.
Why is that?
To calculate ARC benchmark revenue, we take the Olympic average of the last five years (throw out the high and low) of prices and yields and multiply them together to arrive at benchmark revenue.
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