2015 ARC-CO Payment Estimates for Corn and Soybeans02/24/2016
On February 18th, the National Ag Statistics Service (NASS) released county yield data for the 2015 crop year. This post uses the NASS county yields and current MYA price projections from the USDA to estimate 2015 payments for the Ag Risk Coverage county level program (ARC-CO). Note that the final yields and prices used to determine actual payment levels will differ from the values these payment estimates are based upon. The final MYA price for corn and soybeans will not be known until the marketing year ends in August, and the final yields FSA will use to determine ARC-CO payments will likely not be released until September. See the farmdoc daily article from December 1, 2015 for a more detailed discussion and comparison of NASS county yields and FSA county yields used for the ARC-CO program.