Let’s Not Forget Wheat, Barley and Sorghum!
Earlier this week we had posted reports on various estimated ARC-CO payments assuming various MYA prices for Corn and Soybeans. In this post, we are releasing reports for ARC-CO for wheat, barley and sorghum for all of the NASS counties. Again, make sure to understand that these are simply calculations assuming NASS yields will equal final FSA yields. There will be differences and the differences can be material. If your county shows a full payment for all prices shown, then it is likely that number will be close to the final ARC-CO number assuming that MYA price.
However, if your county shows fluctuating prices, then you may want to discount the number shown by $5-10 just in case FSA final yields are higher.
Paul Neiffer, CPA
Paul Neiffer is a certified public accountant and business advisor specializing in income taxation, accounting services, and succession planning for farmers and agribusiness processors. Paul is a principal with CliftonLarsonAllen in Walla Walla, Washington, as well as a regular speaker at national conferences and contributor at agweb.com. Raised on a farm in central Washington, he has been immersed in the ag industry his entire life, including the last 30 years professionally. Paul and his wife purchase an 180 acre ranch in 2016 and enjoy keeping it full of animals.
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