The Rapidly Shrinking 2026 PLC Payment
We project 2026 National PLC payments based on the May WASDE Report
USDA issued the 2026-27 WASDE report today and provided updated 2026 MYA prices. We are long ways away from final prices (August 2027), but we elected to start projecting estimated 2026 PLC payments to be paid next October based on current USDA prices.
We have updated base acres to reflect total base acres after the OBBBA update using the FAPRI numbers issued earlier this year. This does assume that farmers will elect 100% PLC, and we know that is not correct, but this gives you an idea as to the maximum PLC payments for the major crops.
Here is our table of the results:
