Table 3:    Hypothetical 2011 ACRE Triggers and                                   Payment Calculation 

Ex. Wheat

Enter each crop that is planted or prevented planted:

State Trigger

ACRE Program Guarantee

1.     Estimated Benchmark State Yield        (Item 1 from Table 2)

88

2.     Estimated ACRE Guarantee Price        (Item 2 from Table 2)

$6.14

3.     Hypothetical State ACRE Program        Guarantee (Item 7 or 9 of Table 2)

$483.22

Actual State Revenue

4.     Estimated 2011 Actual State Yield

84

5. Estimated 2011 National Average

       Market Price

$5.50

6.     ACRE National Loan Rate  

       (Table 1, Item 3)

$2.06

7. ACRE Price

       (Higher of Item 5 or Item 6)

$5.50

8.     Hypothetical Actual State Revenue

       (Item 4 times Item 7)

$462.00

9.     Item 3 greater        than Item 8? 

If Yes, State trigger has been met.

Yes 

If No, the trigger is not met.

Farm Trigger

Farm ACRE Guarantee

10. Benchmark Farm Yield

       (Your estimate if not determined)

91

11.   Crop Insurance Premium

       (per acre paid by producer for the crop)

$10

12.  Hypothetical Farm ACRE Guarantee

       ((Item 10 x Item 2) plus Item 11)

$568.74

Actual Farm Revenue

13.   Estimated 2011 Actual Farm Yield

83

14.   Hypothetical Actual Farm Revenue        (Item 13 times Item 7)

$456.50

15.   Item 12 greater        than Item 14?

If Yes, Farm trigger has been met.

 Yes

If No, the trigger is not met.

ACRE Payment

16.  Item 9 and Item 15 are both “Yes”?

If both are “Yes”, then the crop is eligible for ACRE payments.  Continue to Item 17.

Yes

If not, the crop is not eligible for ACRE payments.  Do not continue.

17. Share of the crop’s planted or prevented planted        acreage on the farm

100 Pct

18. Maximum Acres (Total base acreage on the farm)

125

19.   Planted and Prev. Planted Acreage of the crop

140

20.   Payment Acreage (Item 19 times 83.3 percent).                      Total Payment Acreage for the farm cannot

              exceed Item 18.

 116.6

21.   Farm Productivity Index Factor

       (Item 10 divided by Item 1)

 1.0341

Payment Rate 

22.   APG minus ASR (Item 3 minus Item 8)

$21.22

23.   25%of APG (Item 3 times 25 percent) 

$120.81

24.   Payment Rate

       (Lesser of Item 22 or Item 23)

$21.22

25.   Projected Estimated ACRE Payment

         (Item 17 times Item 20 times Item 21 times Items 24)

$2,559