
An extension economist reviews the November WASDE projected 2026 marketing-year prices ahead of the December 11 ARC-CO and PLC signup deadline. Soybeans are projected at $12.10 per bushel, up 10 cents from October and well above the $10.71 PLC reference price, so PLC is unlikely to pay.
ARC-CO offers the earlier payment trigger for soybeans.
Farm program choices affect how producers plan planting and marketing, but the article is largely about payment mechanics rather than a new supply or demand shift. It reflects the strong November WASDE soybean price outlook.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% 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.