1. Projected 2017 ARC-Co, ARC-I, and PLC Payment Rates
Breana Watkins
Program Associate, Agricultural Economics
Cooperative Extension Service
June 2018

2. Agricultural Risk Coverage (ARC)
ARC (County) is based on revenue
(Yield * Price)
County yields and national prices are applied to determine the benchmark revenue and the actual crop revenue.
Applied price is the higher of :
The national average market price received during the 12 month marketing year.
The national average loan rate for the crop.

3. Agricultural Risk Coverage (ARC)
ARC (County) allows separate irrigated and non-irrigated ARC benchmark revenues.
Benchmark revenue is a moving measure for the 5 most recent years.
Payments are on 85% of base acres for a crop.
95% of soybean acres, 86% of corn acres, 57% of wheat acres, 64% of sorghum, and 67% of oat acres elected ARC.
FSA has designated production practices for ARC yields by irrigation type in some counties.
Some county yields are designated as all, which is a combination of irrigation types.

4. Price Loss Coverage (PLC)
PLC covers losses in actual revenue due to commodity price declines below established reference prices.
Payments are made when the effective price is less than the reference price.
The effective price is the higher of:
The national average market price received during the 12 month marketing year.
The national average loan rate for the crop

5. Price Loss Coverage (PLC)
Reference Price is established in the Farm Bill for each covered commodity.
Payments are determined by payment yields established with USDA
Payments are on 85% of base acres for a crop.
Nearly 100% of long-grain rice acres, 96% of medium-grain rice acres, 99% of peanut acres, and 43% of wheat acres elected PLC.

6. Projected PLC, ARC-I, and ARC-CO Payment Rates for 2018
Preliminary PLC, ARC-I, and ARC-Co for 2018
Commodity
Projected Effective Price
Statutory Reference Price
Projected Payment Rate
Corn, bu
$3.36
$3.70
$0.34
Oats, bu
$2.80
$2.40
$0.00
Peanut, ton
$425.00
$535.00
$110.00
MG Rice, bu
$5.18
$6.31
$1.13
LG Rice, bu
$5.05
$1.26
Sorghum, bu
$3.60
$3.95
$0.35
Soybean, bu
$9.25
$8.40
Wheat, bu
$5.00
$5.50
$0.50

7. 2017 ARC Payment Estimates Rate per Base Acre Corn, All
Arkansas $
Franklin $
Lincoln $
Poinsett $
Ashley $
Fulton $
Logan $
Prairie $
Benton $
Greene $
Lonoke
Pulaski $
Chicot $
Hempstead $
Miller $
Randolph
Clay $
Howard $
Mississippi $
St. Francis $
Craighead
Jackson $
Monroe $
Sebastian $
Crittenden $
Jefferson $
Nevada
Sevier
Cross
Johnson $
Perry $
Sharp $
Desha $
Lawrence $
Phillips $
White $
Drew $
Lee $
Pike
Woodruff
Corn, Irrigated
Conway $
Lafayette $
Crawford $
Little River
Faulkner $
Pope $
Independence $
Yell $
Corn, Non-Irrigated
Conway $
Lafayette $
Crawford $
Little River $
Faulkner $
Pope $
Independence $
Yell $

8. 2017 ARC Payment Estimates Rate per Base Acre Grain Sorghum, All
Arkansas $
Howard $
Nevada $
Conway $
Independence $
Perry
Crawford $
Johnson
Pike
Cross $
Lafayette
Pope
Drew
Lawrence
Sevier
Faulkner
Little River $
Sharp $
Franklin
Logan
White
Fulton
Lonoke
Yell
Hempstead
Miller

9. Grain Sorghum, Irrigated Grain Sorghum, Non-Irrigated
2017 ARC Payment Estimates
Rate per Base Acre
Grain Sorghum, Irrigated
Ashley $
Jackson $
Poinsett $
Chicot
Jefferson
Prairie $
Clay $
Lee $
Pulaski $
Craighead $
Lincoln $
Randolph $
Crittenden
Mississippi
St. Francis
Desha $
Monroe
Woodruff $
Greene $
Phillips $
Grain Sorghum, Non-Irrigated
Ashley $
Jackson $
Poinsett $
Chicot
Jefferson $
Prairie $
Clay $
Lee $
Pulaski $
Craighead $
Lincoln $
Randolph $
Crittenden $
Mississippi $
St. Francis
Desha $
Monroe $
Woodruff
Greene
Phillips

10. Soybean, Non-Irrigated
2017 ARC Payment Estimates
Rate per Base Acre
Soybean, All
Arkansas $
Hempstead $
Monroe $
Ashley $
Jackson $
Pike $
Benton $
Jefferson $
Poinsett $
Clay
Johnson $
Prairie
Craighead
Lawrence $
Randolph $
Crawford
Lincoln $
Sebastian $
Cross
Little River $
Sevier
Desha $
Logan
Sharp $
Drew
Lonoke $
Stone
Franklin $
Miller $
Woodruff
Soybean, Irrigated
Chicot $
Mississippi $
Conway $
Perry $
Crittenden $
Phillips $
Faulkner $
Pope $
Greene
Pulaski $
Independence $
St. Francis $
Lafayette
White $
Lee $
Yell $
Soybean, Non-Irrigated
Chicot $
Mississippi $
Conway $
Perry $
Crittenden $
Phillips $
Faulkner $
Pope $
Greene
Pulaski $
Independence $
St. Francis $
Lafayette $
White $
Lee
Yell $

11. 2017 ARC Payment Estimates Rate per Base Acre Wheat Arkansas $ 42.84$
Faulkner $
Lee $
Pope $
Ashley $
Franklin $
Lincoln
Prairie $
Benton $
Fulton
Little River $
Pulaski
Chicot $
Greene $
Logan
Randolph
Clay
Hempstead $
Lonoke
St. Francis
Conway $
Howard
Miller $
Sebastian $
Craighead
Independence $
Mississippi $
Sharp $
Crawford $
Jackson
Monroe
White $
Crittenden
Jefferson
Perry $
Woodruff
Cross
Johnson
Phillips $
Yell
Desha
Lafayette
Pike
Drew $
Lawrence
Poinsett

12. Sources
USDA Farm Service Agency

13. Questions?
Comments?