Counter Cyclical
Payment Calculator For 2005-06 |
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| Counter Cyclical Payment Tool from the University of Illinois | Counter Cyclical Payment Tool from Iowa State University |
| Counter Cyclical Payments - Marketing Year Schedule | ||||
| And Estimated Payments For 2005 - 2006** | ||||
| Corn | ||||
| U.S. Monthly Average Price for Corn 2005 - 06 marketing year | ||||
| % of Crop | ||||
| Corn | Estimated to be Marketed | |||
| Price | Each Month | Year to Date | ||
| Month | $/Bu. | (Previous 5-Year average) | % Marketed | |
| September | $1.90 | 8.2% | 8.2% | |
| October | $1.82 | 13.6% | 21.8% | |
| November | $1.77 | 11.8% | 33.6% | |
| December | $1.92 | 7.8% | 41.4% | |
| January | $2.00 | 13.9% | 55.3% | |
| February | $2.02 | 6.6% | 61.9% | |
| March | $2.01 | 7.1% | 69.0% | |
| April | $0.00 | 5.7% | 74.7% | |
| May | $0.00 | 5.3% | 80.0% | |
| June | $0.00 | 6.1% | 86.1% | |
| July | $0.00 | 7.1% | 93.2% | |
| August | $0.00 | 6.8% | 100.0% | |
| 12 Month Total | 100.0% | |||
| USDA's Projected Marketing Year Average Price, 4/10/06 | $1.95 | |||
| Projected average corn price for the rest of the year to meet USDA's projected price | $2.05 | |||
| Year to date USDA's estimated weighted average price | $1.91 | |||
| Marketing Year Price where CCP = 0 | $2.35 | |||
| Projected CCP based on USDA's Projected Average Price | $0.40 | |||
| Projected CCP based on USDA's Weighted Average Price to Date | $0.40 | |||
| Average Corn Price for the rest of the year to receive a CCP | ||||
| 0 Cents (No Payment) | $3.34 | |||
| 2 Cents | $3.27 | |||
| 5 Cents | $3.17 | |||
| 10 Cents | $3.01 | |||
| 20 Cents | $2.69 | |||
| 30 Cents | $2.37 | |||
| 40 Cents (Maximum) | $2.05 | Max. CCP is the target price ($2.63) minus the loan rate ($1.95) minus direct payment ($0.28) = $0.40 | ||
| Counter Cyclical Payments - Marketing Year Schedule | ||||
| And Estimated Payments For 2005 - 2006** | ||||
| Soybeans | ||||
| U.S. Monthly Average Price for Soybeans 2005 - 06 marketing year | ||||
| % of Crop | ||||
| Soybeans | Estimated to be Marketed | |||
| Price | Each Month | Year to Date | ||
| Month | $/Bu. | (Previous 5-Year average) | % Marketed | |
| September | $5.77 | 7.1% | 7.1% | |
| October | $5.67 | 22.2% | 29.3% | |
| November | $5.62 | 9.8% | 39.1% | |
| December | $5.77 | 8.4% | 47.5% | |
| January | $5.88 | 14.7% | 62.2% | |
| February | $5.67 | 8.1% | 70.3% | |
| March | $5.55 | 7.8% | 78.1% | |
| April | $0.00 | 5.3% | 83.4% | |
| May | $0.00 | 4.4% | 87.8% | |
| June | $0.00 | 4.2% | 92.0% | |
| July | $0.00 | 4.3% | 96.3% | |
| August | $0.00 | 3.7% | 100.0% | |
| 12 Month Total | 100.0% | |||
| USDA's Projected Marketing Year Average Price, 4/10/06 | $5.60 | |||
| Projected average soybean price for the rest of the year to meet USDA's projected price | $5.20 | |||
| Year to date USDA's estimated weighted average price | $5.71 | |||
| Marketing Year Price where CCP = 0 | $5.36 | |||
| Projected CCP based on USDA's Projected Average Price | $0.00 | |||
| Projected CCP based on USDA's Weighted Average Price to Date | $0.00 | |||
| Average Soybean Price for the rest of the year to receive a CCP | ||||
| 0 Cents (No Payment) | $4.11 | |||
| 2 Cents | $4.02 | |||
| 5 Cents | $3.88 | |||
| 10 Cents | $3.65 | |||