NEWS
Ag Policy Blog
Chris Clayton DTN Ag Policy Editor
Mon Nov 24, 2014 02:39 PM CST

I was off last week and missed a great deal of excitement over immigration and the Renewable Fuels Standard. We'll get to those later.

I did get some email traffic while I was gone and I had a conversation with a farmer I know about ARC and PLC prices.

There is still a little confusion on the relationship between ARC averages and the PLC reference price. While the Agricultural Risk Coverage program is based on a rolling five-year market-year average, the ARC average price floor is the same the Price Loss Coverage reference price in the 2014 farm bill.

Corn: ...

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