2025 Soybean ARC-CO vs. PLC: Illinois, Indiana, Minnesota, and Nebraska
We provide soybean details on these states
Here are the first four states we did on corn — Illinois, Indiana, Minnesota, and Nebraska — now on soybeans, every county, on the attached spreadsheets. Same setup as the other bean files: benchmark yields are the official FSA figures, the 2025 yield is the real harvested RMA county number, and the assumptions are a $12.17 benchmark price, OBBBA’s 90% guarantee and 12% cap, paid on 85% of base. The number to keep an eye on with beans is the PLC rate — just $0.31 a bushel ($10.71 effective reference minus the $10.40 projected MYA). And for 2025 you don’t elect anything; you automatically get the higher of ARC-CO or PLC, county by county.
That thin PLC rate matters. On a 50-to-65-bushel benchmark, PLC pays only about $11 to $14 an acre, so where ARC-CO doesn’t trigger, that’s about all the safety net there is. When ARC does trigger, it pays real money. Here’s how the four states land.
Here is the analysis for these states:
