Updated Post of ARC-CO

This the updated post on ARC-CO estimated payments for 2024. We apologize for the original post.

Photo by Stefano Marinelli on Unsplash

It has been several years since we saw maximum payments for the major crops for ARC-CO. Based on the current trends in crop prices, we believe there is a good chance that we will see maximum payments for several crops, especially corn.

Let’s review how ARC-CO is determined. We take the Olympic average price and multiply that by the Olympic average yield. Olympic average is the last five years where you throw out the high and low number and take the average of the remaining three numbers.

This result is benchmark revenue. 86% of that number is the guaranteed revenue. Final harvest revenue is final county yield times final MYA price. If final harvest revenue is less than guarantee revenue, then a payment is made.