Abstract
We estimate 2014 payments by the ARC-CO and PLC crop programs, excluding generic base acres. We use program parameters in the 2014 farm bill, the 2014 farm bill program choices made by farmers, available county yields for 2014 crop year, and current estimates of 2014 crop year prices. Total ARC-CO and PLC payments are estimated to be $5.7 billion, but these estimates could change, as information is not final. It is not clear whether these payments would be less had the 2008 farm bill continued into 2014.
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