Counter Cyclical Payment Calculator For 2005-06
Prices needed
the rest of the year to generate a CCP.
Updated 4/10/2006

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