Your farm has 40 soybean base acres. You enrolled in PLC program with a 50 bu/ac payment yield, and the 2022 USDA national marketing year average price is $10.50. If the Effective Reference prices of $3.70 for corn and $8.40 for soybeans, what is your Soybean 2022 PLC payment for the farm?

Answer rating: 100% (QA)

To calculate the Payment for the PLC Price Loss Coverage program for ... View the full answer