There are slightly less than 250 million base acres enrolled in the Agricultural Risk Coverage or Price Loss Coverage programs. Of those acres enrolled, nearly 90 percent are represented by corn, soybeans and wheat. A recent Market Intel article, Where ARC Thou, Program Payments?, highlighted ARC-CO program payment information for corn, soybeans and wheat in 2016.
A portion of the remaining acres enrolled in the ARC or PLC farm safety net programs are represented by covered commodities including barley, canola, dry peas, grain sorghum, lentils and oats. For these other field crops, marketing year average prices were announced at the end of September and allowed USDA to calculate county-level Agriculture Risk Coverage-County Option program payment data. Today’s article reviews the county-level distribution of 2016 ARC-CO program payments for barley, canola, dry peas, grain sorghum, lentils and oats.
Where ARC Thou Program Payments, Part Deux