2014 ARC-CO corn payments expected for Nebraska Panhandle

Based on 2014 county corn yields released last week by the U.S. Department of Agriculture and current price projections, it is clear that Nebraska Panhandle base acres enrolled in ARC-CO for corn are likely to receive a commodity program payment for the 2014 crop.

Payments for ARC-CO are triggered when the average county revenue for a covered commodity is less than the county revenue guarantee for that commodity The county revenue guarantee is 86 percent of the county benchmark revenue. The county benchmark revenue for a crop is the five-year Olympic marketing year average (MYA) price multipli...