ARC/PLC Payments per Base Acre in Iowa
This decision tool provides a simple and intuitive way to compare annual ARC-CO and PLC payments for corn and soybean base acres across counties in Iowa. For 2014/15, official FSA prices and county yields are used in the calculation of actual county revenues. “Corrected” yields—obtained by dividing production (in bushels) by planted acres—and the latest monthly update of WASDE price projections are used in the calculation of the projected county revenues in 2015/16. Projected yields reported by the ISU Climate Science Program and long-term USDA price projections are used in the calculation of the projected county revenues in 2016/17. A detailed description of the ARC/PLC programs and other ISU Extension and Outreach Farm Bill decision tools are available on the Iowa State University Extension and Outreach website.
Affiliation: A. Plastina is Assistant Professor and C. Hart is Associate Professor in the Department of Economics, Iowa State University; Chris Anderson is Scientist, Assistant Director Climate Science Program, in the Department of Agronomy, Iowa State University.
Last updated: 9-14-2016
Prices updated: 9-12-2016
"ARC-CO Yields updated (NASS): 8-4-2016 (Mills, Monroe, Taylor, Union Counties updated 9-14-2016 with RMA yields)"