Title: ARC-PLC Decision: Why It Differs from the ACRE-DCP Decision
Abstract: The revenue target for both ARC and ACRE is based on multiplying an average of yields and U.S. crop year average prices. A five-year Olympic average is used for yields (removes high and low) of the five past years under ARC and ACRE. ARC uses a five-year average Olympic average for price while ACRE uses a two-year average. Thus, the revenue target moves with the market --increasing when market revenue is increasing and decreasing when market revenue is decreasing.
Publication Year: 2014
Publication Date: 2014-03-18
Language: en
Type: article
Access and Citation
Cited By Count: 2
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot