Table 2:  ACRE Program Guarantee
(Crop year and previous years must be data filled)

Corn Example

Your Example 

1.

Benchmark State Yield (Olympic Average from 5 most recent crop years)

160 

 

2.

ACRE Guarantee Price (Average National Average Market Price from 2 most recent crop years)

$4.15 

 

3.

Calculated State ACRE Guarantee for the crop year (90 percent x Item 1 x Item 2)

$597.60 

 

Note: For subsequent years, the State ACRE Guarantee cannot change by more than 10 percent from the previous year's guarantee.