When $4.25 Really Means $4.80

If you sell corn for $4.25 it really means you are getting $4.80 (or more) for it if we include government program payments

Farmers who raise corn in 2025 and are still in the process of selling the corn view $4.25 (or whatever the current rate for your area) as less than breakeven. However, farmers will collect more than just the sales price for their corn this year and it is important to factor in all of the somewhat known payments you will receive this year.

We know that farmers will collect $44.36 from the Farmer Bridge Assistance program, and we know based on the current estimated MYA price that the PLC payment will be 32 cents per bushel.

We also estimate that most farmers will collect a top-up payment from SDRP Stage 1 or 2 and let’s assume $30 per acre.

If we add up all of these payments in either a per bushel or per acre amount and convert them to a per bushel rate, we can calculate what a $4.25 corn payment is equivalent to if we include government payments.

Here is a chart showing the equivalent amount assuming various APH and PLC yields: