ARC vs. PLC Calculator

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September 1, 2019 - Author: ,

This spreadsheet is designed to help producers make the decision between the Agricultural Risk Coverage program (ARC) vs. the Price Loss Coverage (PLC) program by crop and farm. The decision tool has built-in information from each county and helps farmers make decisions for each individual farm for corn, wheat, and soybeans.

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.

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

Farm Bill, Field Crops, Farm Management


Authors

Roger Betz

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

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