# Farm Bill in Reconciliation: ARC/PLC Payment Projections; Policy Design Lab Update - farmdoc daily

> The Senate passed the budget reconciliation bill on July 1, 2025, and the House approved the Senate version on July 3, sending it to the president. The farmdoc daily article presents Policy Design Lab projections of ARC-CO and PLC payments under the current policy and the bill's changes.

- Date: 2025-07-03 · published 2025-07-03T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/23744-farm-bill-in-reconciliation-arc-plc-payment-projections-policy-design-lab
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger projected ARC and PLC payments support farm revenue and keep acreage in corn, soybeans and wheat, which weighs on longer-term prices. The projections show where payments are concentrated by crop and county.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-08-22 | [The Reconciliation Farm Bill: Top Five Most Problematic Changes to Farm Policy, #3 - farmdoc daily](https://feedsoft.ai/events/23309-the-reconciliation-farm-bill-top-five-most-problematic-changes-to-farm-policy-3.md) | -0.6% | +7.6% |
| CORN | 2025-07-11 | [2025 Reconciliation Farm Bill – Summary Overview \| Farm Office](https://feedsoft.ai/events/23743-2025-reconciliation-farm-bill-summary-overview-farm-office.md) | -0.7% | -1.5% |
| CORN | 2018-05-04 | [How will farm bill debate settle PLC vs. ARC?](https://feedsoft.ai/events/65016-how-will-farm-bill-debate-settle-plc-vs-arc.md) | +0.8% | +0.6% |
| CORN | 2020-08-01 | [Ad Hoc Payments: A Leading Indicator of Farm Policy Change](https://feedsoft.ai/events/52100-ad-hoc-payments-a-leading-indicator-of-farm-policy-change.md) | -1.4% | +7.2% |
| CORN | 2024-09-27 | [Squeezing the Farmer, Part 1: Initiating Examination of a Persistent Challenge - farmdoc daily](https://feedsoft.ai/events/28290-squeezing-the-farmer-part-1-initiating-examination-of-a-persistent-challenge.md) | +2.2% | +1.0% |
| SOY | 2025-08-22 | [The Reconciliation Farm Bill: Top Five Most Problematic Changes to Farm Policy, #3 - farmdoc daily](https://feedsoft.ai/events/23309-the-reconciliation-farm-bill-top-five-most-problematic-changes-to-farm-policy-3.md) | -0.6% | -0.9% |
| SOY | 2025-07-11 | [2025 Reconciliation Farm Bill – Summary Overview \| Farm Office](https://feedsoft.ai/events/23743-2025-reconciliation-farm-bill-summary-overview-farm-office.md) | +0.9% | -4.0% |
| SOY | 2018-05-04 | [How will farm bill debate settle PLC vs. ARC?](https://feedsoft.ai/events/65016-how-will-farm-bill-debate-settle-plc-vs-arc.md) | -2.9% | -2.1% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2025/07/farm-bill-in-reconciliation-arc-plc-payment-projections-policy-design-lab-update.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.