NOVEL CORONAVIRUS UPDATES AND RESOURCES

ARC vs. PLC Calculator

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September 1, 2019 - Author: , , updated 2-24-2020

Updated 2-24-2020 to reflect Version 6.5 which has the Feb 20 NASS 2019 estimated county yields.  This information is critical in the ARC-CO, ARC-IC or PLC decision.

This spreadsheet is designed to help producers make the 2019 and 2020 decision between the USDA Agricultural Risk Coverage - County (ARC-Co) vs. the Price Loss Coverage (PLC) vs. the ARC-IC Individual programs by crop and by farm. The decision tool has built-in information from each county and helps farmers make decisions for each individual far  and with each individual corn, wheat, and soybeans, or to use the ARC-IC program, which combines all bases and prorated the crop bases to the program crops actually planted each year. 

The ARC programs provides revenue-based payments when farm revenue falls below a “Coverage Guarantee” level. While the PLC program provides price-based payments when prices are less than the “Reference Price” level and uses an individual farm’s PLC yields to determine the payment rate.

The ARC vs. PLC Decision Tool Help Sheet is available help users navigate the ARC and PLC decision making tool.

Download ARC vs. PLC Decision Tool Help Sheet

Other helpful PLC and ARC decision-making resources from Michigan State University Extension include the 2018 Farm Bill Presentation: ARC vs. PLC which explains the differences between Agriculture Risk Coverage and Price Loss Coverage as defined in the 2018 Farm Bill. The ARC program provides revenue-based payments when farm revenue falls below a “Coverage Guarantee” level. While the PLC program provides price-based payments when prices are less than the “Reference Price” level and uses an individual farm’s PLC yields to determine the payment rate. 

Download 2018 Farm Bill Presentation: ARC vs. PLC

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Tags: 2018 farm bill, delayed planting tools


Related Topic Areas

Field Crops, Farm Management, Farm Bill


Authors

Roger Betz

Roger Betz
517-439-9301
betz@msu.edu


For more information visit:

MSU Extension

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