Wednesday, August 5, 2009
Chances of an ACRE Payment for Corn, Soybeans, and Wheat
2009/2010 ACRE payments will depend highly upon prices during the upcomming corn and soybean crop year - September 1, 2009 to August 31, 2010 and during current wheat crop year June 1, 2009 to May 31, 2010. Using current price and yield information it looks like the chances of receiving ACRE payments are highest for wheat, then corn, and lowest for soybeans. A short article using different price and yield scenarios to determine the chances of a corn or soybean ACRE payment can be found at: http://www.ca.uky.edu/agecon/index.php?p=110 and clicking on "The ACRE Program for Corn and Soybeans in 2009/2010"