# ARC and PLC Payments Go Out, Reflecting Weakness of Farm Bill Safety Net

> USDA began issuing about $447 million in ARC and PLC payments for the 2023 crops. The announcement came as crop producers' cash receipts dropped sharply over the past two years.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/27843-arc-and-plc-payments-go-out-reflecting-weakness-of-farm-bill-safety-net
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Government payments cushion farm income but do not change planted area or supply in the near term, so the price effect is minimal.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-05-21 | [Spending Impacts of PLC and ARC-CO in House Agriculture Reconciliation Bill - farmdoc daily](https://feedsoft.ai/events/24656-spending-impacts-of-plc-and-arc-co-in-house-agriculture-reconciliation-bill.md) | +0.7% | -3.8% |
| CORN | 2022-09-22 | [Farm Bill Primer: Farm Safety Net Programs - EveryCRSReport.com](https://feedsoft.ai/events/39577-farm-bill-primer-farm-safety-net-programs-everycrsreport-com.md) | -2.8% | +1.3% |
| CORN | 2025-08-06 | [Farm bill update: Safety net strengthened, SNAP changes implemented](https://feedsoft.ai/events/23304-farm-bill-update-safety-net-strengthened-snap-changes-implemented.md) | -1.8% | +4.8% |
| CORN | 2020-10-19 | [Trump's payments to farmers hit all-time high ahead of election](https://feedsoft.ai/events/50501-trump-s-payments-to-farmers-hit-all-time-high-ahead-of-election.md) | +2.7% | +2.6% |
| CORN | 2017-04-24 | [The Disappearing Farm Bill Safety Net \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/71482-the-disappearing-farm-bill-safety-net-farm-bureau-intel-markets-american-farm.md) | +0.8% | +4.0% |
| SOY | 2021-10-05 | [ASA working on improved safety net for next farm bill - Brownfield Ag News](https://feedsoft.ai/events/44523-asa-working-on-improved-safety-net-for-next-farm-bill-brownfield-ag-news.md) | -0.6% | +0.1% |
| SOY | 2025-05-21 | [Spending Impacts of PLC and ARC-CO in House Agriculture Reconciliation Bill - farmdoc daily](https://feedsoft.ai/events/24656-spending-impacts-of-plc-and-arc-co-in-house-agriculture-reconciliation-bill.md) | -0.4% | +2.1% |
| SOY | 2022-09-22 | [Farm Bill Primer: Farm Safety Net Programs - EveryCRSReport.com](https://feedsoft.ai/events/39577-farm-bill-primer-farm-safety-net-programs-everycrsreport-com.md) | -3.6% | -6.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/10/25/arc-plc-payments-go-reflecting-farm

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