# ARC vs. PLC: Their Different Policy Objectives and the Design of Commodity Programs - farmdoc daily

> An farmdoc daily analysis compares ARC and PLC commodity programs, arguing they have different policy objectives. It proposes a redesign in which ARC applies when prices exceed the reference price and PLC when they fall below it.

- Date: 2022-03-16 · published 2022-03-16T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/42256-arc-vs-plc-their-different-policy-objectives-and-the-design-of-commodity
- 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

This is a program design analysis with no direct market shock; it has minimal effect on feed commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-08-24 | [A View of the Farm Bill Through Policy Design, Part 4: ARC and PLC - farmdoc daily](https://feedsoft.ai/events/34564-a-view-of-the-farm-bill-through-policy-design-part-4-arc-and-plc-farmdoc-daily.md) | -2.8% | -8.9% |
| CORN | 2023-04-13 | [A View of the Farm Bill Through Policy Design, Part 1: EQIP - farmdoc daily](https://feedsoft.ai/events/36402-a-view-of-the-farm-bill-through-policy-design-part-1-eqip-farmdoc-daily.md) | -0.2% | -1.0% |
| CORN | 2025-07-03 | [Farm Bill in Reconciliation: ARC/PLC Payment Projections; Policy Design Lab Update - farmdoc daily](https://feedsoft.ai/events/23744-farm-bill-in-reconciliation-arc-plc-payment-projections-policy-design-lab.md) | -5.1% | -5.0% |
| CORN | 2025-11-26 | [Additional ARC/PLC Payments for 2025: Value of Receiving the Maximum Program Payment - farmdoc daily](https://feedsoft.ai/events/21935-additional-arc-plc-payments-for-2025-value-of-receiving-the-maximum-program.md) | +1.3% | +3.2% |
| CORN | 2025-11-19 | [Projected ARC and PLC Payments for 2025 - farmdoc daily](https://feedsoft.ai/events/21934-projected-arc-and-plc-payments-for-2025-farmdoc-daily.md) | -2.0% | +0.1% |
| SOY | 2023-08-24 | [A View of the Farm Bill Through Policy Design, Part 4: ARC and PLC - farmdoc daily](https://feedsoft.ai/events/34564-a-view-of-the-farm-bill-through-policy-design-part-4-arc-and-plc-farmdoc-daily.md) | +1.6% | -4.8% |
| SOY | 2021-04-29 | [Case for Ad Hoc Assistance in the Presence of Commodity Programs: MFP 2018 - farmdoc daily](https://feedsoft.ai/events/47578-case-for-ad-hoc-assistance-in-the-presence-of-commodity-programs-mfp-2018.md) | +1.6% | -3.5% |
| SOY | 2023-04-13 | [A View of the Farm Bill Through Policy Design, Part 1: EQIP - farmdoc daily](https://feedsoft.ai/events/36402-a-view-of-the-farm-bill-through-policy-design-part-1-eqip-farmdoc-daily.md) | +0.1% | -4.5% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2022/03/arc-vs-plc-their-different-policy-objectives-and-the-design-of-commodity-programs.html

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