Common Ground Blog

Find trends, outlooks and more on financing rural America from Frontier Farm Credit.

More Content

Higher Yields Can Offset Lower Prices in ARC Calculations

Farmers in some Kansas counties may see higher 2017-18 Agricultural Risk Coverage (ARC) payments despite the fact that the Olympic Marketing Year Average price guarantees have fallen for corn, sorghum, soybeans and wheat.

For the full analysis and estimates from Art Barnaby, KSU Department of Agricultural Economics, see: http://www.agmanager.info/crop-insurance/risk-management-strategies/higher-arc-guarantees-spite-lower-prices. USDA’s official numbers for 2017 crops will be published a few days before July 1 for winter wheat and at the end of September 2018 - about a year after the fall crops’ harvest.

You can choose  what crop you want to look for at the top right of the interactive map (scroll over counties if yours isn’t already shown) here: http://www.agmanager.info/ag-policy/arc-county-guarantees-comparison-201718-201415/kansas-arc-county-guarantees-comparison and see how the payments in your county will compare with the initial payments in 2014.

There is no decision to be made at this time, as ARC vs. PLC was a one-time decision. But should the existing farm bill be extended or a new farm bill be passed that includes these programs, new signup likely will be required, according to Barnaby.

COMMENTS

Load more comments
Your comment has been received and is being reviewed.
avatar

Comments are moderated and reviewed before they are posted on the site. View our terms of use.

YOU MIGHT BE
INTERESTED IN

Jun 26, 2018 |

Rain makes Grain

Corn condition exceeds the past four years and soybean condition matches 2014 and 2016.

Jul 6, 2017 |

Crop Progress: It’s the time of year for worries

The July weather outlook could further support spring wheat prices as harvest approaches.

Sep 10, 2018 | Crop Insurance

Busheling through 2018: The Difference Yield and Federal MFP Payments Make on Farm Income

What do these scenarios tell us about the potential for profitability?

Ready to Talk?

Contact us if you have questions or need more information. Fill out the form, or connect with your local office using the Office Locator.

Frontier Farm Credit serves farmers, ranchers, agribusinesses and rural residents in eastern Kansas. For inquiries outside this geography, use the Farm Credit Association Locator  to contact your local office.