MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_NextPart_01C9DFB0.76FC1580" This document is a Single File Web Page, also known as a Web Archive file. If you are seeing this message, your browser or editor doesn't support Web Archive files. Please download a browser that supports Web Archive, such as Windows® Internet Explorer®. ------=_NextPart_01C9DFB0.76FC1580 Content-Location: file:///C:/EE42BCD1/keeneyTable1.htm Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="windows-1252" Table 1

 

Table 1. ACRE Example for Indiana Corn for 2009

 

 

 

Item

State

Farm

Definition

 

 

1

ACRE Yield

156.0

179.5

 

 

 

2

ACRE Price

 $      4.20

 $      4.20

 

 

 

3

Adjustments

 

 

 

 

 

4

Percent

90%

100%

 

 

 

5

Insurance Premium

--

 $    15.00

 

 

 

6

ACRE Revenue Benchmark

 $  589.68

 $  768.90

=3D 1 x 2 x 4 + 5

 

 

7

 

 

 

 

 

 

8

Actual Yield

155

185

 

 

 

9

Actual Price

 $      3.57

 $      3.57

 

 

 

10

Actual Revenue

 $  553.35

 $  660.45

=3D 8 x 9

 

 

11

Trigger Met

YES

YES

=3D YES if 6 > 10

 

 

12

 

 

 

 

 

 

13

ACRE Base Payment

 $    36.33

 

=3D 6 - 10

 

 

14

Farm Adjustment1

 

1.15

 

 

 

15

Farm ACRE Payment

 

 $    34.82

=3D 0.833 x (13 x 14)

 

 

 

 

 

1    Calcu= lated as Farm ACRE Yield divided by the State ACRE Yield

 

 

 

 

&nbs= p;

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