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Crop Insurance Indemnity Estimator

Estimate ARC-CO and PLC safety net payments from 2026 FSA reference prices, benchmark yields, and actual market conditions for corn, soybeans, wheat, rice, cotton, and sorghum.

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Safety Net Program

Crop

ARC-CO Estimate

FSA

Enter crop data and click estimate.

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What This Calculator Does

This crop insurance indemnity estimator helps farmers and agricultural lenders compare potential ARC-CO (Agriculture Risk Coverage, County Option) and PLC (Price Loss Coverage) safety net payments using 2026 Farm Service Agency (FSA) enrollment data. It calculates estimated payments based on effective reference prices, Olympic average benchmark yields, actual county yields, and market year average prices for corn, soybeans, wheat, rice, cotton, and sorghum.

The Formula

ARC-CO Payment = min(Guarantee Revenue - Actual Revenue, Benchmark Revenue x 10%) x 85% of Base Acres | PLC Payment = (Effective Reference Price - Market Price) x (Benchmark Yield x 85%) x 85% of Base Acres

ARC-CO is revenue-based: it guarantees 86% of benchmark revenue (Olympic average yield x Olympic average price). If actual county revenue falls below the guarantee, the payment covers the shortfall up to a maximum of 10% of benchmark revenue, paid on 85% of base acres. PLC is price-based: it pays when the national marketing year average price falls below the effective reference price (the higher of the statutory reference price or the loan rate). PLC payments are calculated on 85% of base acres at the payment yield. Both programs are subject to 5.7% sequestration.

Step-by-Step Example

1

Select program and crop

ARC-CO selected for corn. 2026 reference price: $4.01/bu. Benchmark yield: 181 bu/ac.

2

Enter market conditions

Actual county yield: 155 bu/ac. Market price: $4.20/bu.

3

Calculate ARC-CO

Benchmark revenue: $726.81/ac. Guarantee (86%): $625.06/ac. Actual revenue: $651.00/ac. No ARC-CO payment (actual exceeds guarantee).

4

Compare PLC alternative

PLC: $4.01 - $4.20 = -$0.19 (price above reference). No PLC payment either. Both programs would pay if prices dropped below $4.01 or yields crashed.

Real-World Use Cases

FSA Program Election

Farmers must elect ARC-CO or PLC for each covered commodity for the 2026 crop year. This calculator helps compare potential payments under different price and yield scenarios to make an informed election.

Farm Loan Underwriting

Agricultural lenders can estimate potential safety net payments as part of cash flow projections when evaluating operating loan applications.

Risk Management Planning

Use alongside federal crop insurance (FCIC) to understand the total safety net coverage, identifying gaps where additional risk protection may be needed.

Common Mistakes to Avoid

  • Confusing base acres with planted acres. ARC and PLC payments are made on base acres (historical allocation), not on current planted acres. Base acres may differ significantly from what is actually planted.

  • Forgetting the 85% payment factor. Both ARC-CO and PLC pay on only 85% of base acres, not the full base. This reduces the actual payment by 15%.

  • Not accounting for sequestration. Federal budget sequestration reduces ARC and PLC payments by 5.7% in 2026. The calculator shows pre-sequestration amounts.

  • Assuming ARC-CO uses farm-level data. ARC-CO uses county-level yields and national prices, not individual farm data. Your farm yield may differ from the county average. ARC-IC (Individual Coverage) uses farm-level data but covers only 65% of base acres.

Frequently Asked Questions

Accuracy and Disclaimer

Payment estimates are based on 2026 FSA program rules and statutory reference prices. Actual payments depend on final county yields (published by NASS), marketing year average prices, base acres, payment yields, and congressional appropriations. Payments are subject to sequestration and payment limitations. This tool is for planning purposes only. Contact your local FSA office for official program information and enrollment.