Oct 17, 2018 Seed cotton price estimates published at: https://www.fsa.usda.gov/Assets/USDA- FSA-Public/usdafiles/arc-plc/pdf/2018_plc.pdf.
The Price Loss Coverage (PLC) program provides payments when the market year average price for a covered commodity falls below the crop's reference price specified in the 2014 Farm Bill.
Nov 1, 2018. The USDA Farm Service Agency (FSA) announced today the 2017 Price Loss Coverage (PLC) payment rates for long-grain and medium-grain rice. The Agricultural Act of 2014 (aka 2014 Farm Bill) […] Average per acre payment for rice is $31. The low estimated average payments reflect a number of factors, but the most important is probably that the current 2013 crop year price is relatively high compared with the PLC reference price for all crops. The range was 18% for sorghum to 55% for soybeans.
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Se hela listan på ers.usda.gov Average per acre payment for rice is $31. The low estimated average payments reflect a number of factors, but the most important is probably that the current 2013 crop year price is relatively high compared with the PLC reference price for all crops.
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The USDA Outlook forum predicted the marketing year average price to be $4.20 per bushel. If this prediction is correct, no payments would be available under the PLC program for 2021. Prices would have 50 cents or 12 percent from the expected $4.20 price to trigger a payment. USDA’s Farm Service Agency (FSA) reminds farm owners that they have a one-time opportunity to update Price Loss Coverage (PLC) program yields for covered commodities on the farm.
15 Feb 2021 For example, in Blue Earth County a 43 bushel average county yield in soybeans triggers an ARC-CO payment at the current USDA 2021 price
Since the $3.60 MYA price is above the $2.20 national loan rate, the per bushel payment rate equals $.10 ($3.70 effective reference price – $3.60 MYA price). The PLC payment per base acre equals .85 times the payment rate times the PLC yield. PLC payments over $68 per acre are associated with low MYA prices. Price and Yield Expectations and the ARC-CO/PLC Choice.
2018 PRICE LOSS (PLC) COVERAGE PAYMENT RATES BASED ON STATUTORY REFERENCE PRICES, 2018/19 MARKET YEAR AVERAGE (MYA) PRICES AND 2018 NATIONAL AVERAGE LOAN RATES January 31, 2020 1/ Reference price (column E)=statutory price levels apply for crop years 2014-2018. USDA’s Farm Service Agency (FSA) reminds farm owners that they have a one-time opportunity to update Price Loss Coverage (PLC) program yields for covered commodities on the farm. The deadline is September 30, 2020, to update yields, which are used to calculate the PLC payments for 2020 through 2023. In contrast to PLC, ARC-CO may trigger payments even when MYA prices are above the reference price. For corn and soybeans, this occurs when yield drops below normal.
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The USDA Farm Service Agency (FSA) announced today the 2017 Price Loss Coverage (PLC) payment rates for long-grain and medium-grain rice.
The USDA Farm Service Agency (FSA) announced today the 2017 Price Loss Coverage (PLC) payment rates for long-grain and medium-grain rice.
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Official USDA PLC rates are available from the Farm Service Agency . 1 Under the 2008 Farm Bill the season-average price (SAP) received by cotton producers was a key policy parameter needed in calculating Counter Cyclical Payment rates or ACRE program payments. TABLE 2. 2018 PRICE LOSS (PLC) COVERAGE PAYMENT RATES BASED ON STATUTORY REFERENCE PRICES, 2018/19 MARKET YEAR AVERAGE (MYA) PRICES AND 2018 NATIONAL AVERAGE LOAN RATES January 31, 2020 1/ Reference price (column E)=statutory price levels apply for crop years 2014-2018. Price Loss Coverage (PLC) PLC program payments are issued when the effective price of a covered commodity is less than the respective reference price for that commodity.