USDA opened enrollment in Agriculture Risk Coverage and Price Loss Coverage for the 2026 and 2027 crop years after completing an allocation of more than 30 million additional base acres, the first expansion in 20 years. Because eligible acreage exceeded the cap, the Farm Service Agency reduced all newly allocated base acres by 3.69%; enrollment runs through Dec.
11, 2026, for 2026 and through March 15, 2027, for 2027.
Expanded ARC/PLC eligibility can increase government support when covered crop prices or revenues fall, helping support producer income and potentially planting incentives. The announcement does not specify crop-level payment rates or an immediate change in commodity supply, so direct price effects are limited.
After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.