# How will farm bill debate settle PLC vs. ARC?

> CoBank's economist says the Senate farm bill draft would raise reference prices to boost PLC payments for corn and soybean producers, while the House version keeps 2014 reference prices. Farmers disagree on whether current reference prices favor some crops over others.

- Date: 2018-05-04 · published 2018-05-04T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/65016-how-will-farm-bill-debate-settle-plc-vs-arc
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher corn and soybean reference prices would encourage planting and support acreage, adding supply pressure that could weigh on prices if enacted.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-10 | [Will Congress negotiate a new farm bill this fall? Farmers hope so - Marketplace](https://feedsoft.ai/events/28294-will-congress-negotiate-a-new-farm-bill-this-fall-farmers-hope-so-marketplace.md) | +4.0% | +5.3% |
| 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 | 2024-05-17 | [Key Provisions in House Farm Bill - Pro Farmer](https://feedsoft.ai/events/30234-key-provisions-in-house-farm-bill-pro-farmer.md) | +1.2% | +6.0% |
| CORN | 2024-02-12 | [What are reference prices and why are they in the farm bill?](https://feedsoft.ai/events/31656-what-are-reference-prices-and-why-are-they-in-the-farm-bill.md) | -1.8% | +3.5% |
| CORN | 2025-07-09 | [Corn vs Soy: Argentina’s Farmers Weigh Taxes, Margins in Planting Plans](https://feedsoft.ai/events/13847-corn-vs-soy-argentina-s-farmers-weigh-taxes-margins-in-planting-plans.md) | -1.4% | -2.6% |
| SOY | 2024-09-10 | [Will Congress negotiate a new farm bill this fall? Farmers hope so - Marketplace](https://feedsoft.ai/events/28294-will-congress-negotiate-a-new-farm-bill-this-fall-farmers-hope-so-marketplace.md) | +0.5% | +3.4% |
| SOY | 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) | -3.6% | -8.4% |
| SOY | 2024-05-17 | [Key Provisions in House Farm Bill - Pro Farmer](https://feedsoft.ai/events/30234-key-provisions-in-house-farm-bill-pro-farmer.md) | +1.9% | -3.0% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-operations/how-will-farm-bill-debate-settle-plc-vs-arc-

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