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Tag "market year average prices"

Farm Safety Net: Outlook for 2017 ARC-CO Payments

Farm Safety Net: Outlook for 2017 ARC-CO Payments

👤By Gary Schnitkey, Jonathan Coppess, and Nick Paulson, University of Illinois Ag Economists; and Carl Zulauf, Ohio State University Ag Economist 🕔Oct 11, 2017

For those counties in which payments will be received, farmers and land owners will soon receive Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) payments related to 2016 production. The level and size of the ARC-CO payments are described

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Crop Insurance: ARC Forecast to Pay More Than PLC in 2015

👤By Gary Schnitkey, University of Illinois, farmdocDaily 🕔Feb 17, 2015

The 2015 market year average (MYA) prices for corn and soybeans are forecasts using the same futures contract prices as are used to set projected prices on crop insurance products. Prices during the first two week of February indicate projected

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