ARC-CO Payment Update

The Farm Service Agency is processing and distributing PLC and ARC-County payments. Peanuts and cotton were the only two covered commodities to trigger PLC payments.  ARC-County payments for corn in Minnesota total more than $373 million, with payments averaging nearly $50 per base acre. The estimated 2024 payment is well below the national average in North Dakota and South Dakota. North Dakota’s average payment is under $5 per base acre and South Dakota is at $16.31. The estimated ARC-County payment for soybeans is nearly $26 per base acre in Minnesota; just under $14 in South Dakota and less than $2 per base acre in North Dakota.