ACRE Payment Calculations

ACRE State Trigger (State ACRE Guarantee Must exceed Actual State Revenue)

State ACRE Guarantee

Actual State Revenue

90% multiplied by

Benchmark State Yield
(5 year "Olympic" average)

multiplied by

ACRE Guarantee Price
(Previous 2-yr national average market price)

Actual State Yield

multiplied by ACRE Price:

(the higher of the
National Average Market Price

or

70% of the National Loan Rate

ACRE Farm Trigger (Farm ACRE Benchmark must exceed Actual Farm Revenue)

Farm ACRE Guarantee

Actual Farm Revenue

Benchmark Farm Yield
(5 year "Olympic" average)

multiplied by

ACRE Guarantee Price

plus

Crop Insurance Premium per acre paid by producer

Actual Farm Yield

multiplied by ACRE Price:

(National Average Market Price

or

70% of the National Loan Rate)

Both the State trigger and the farm trigger must be met to receive an ACRE payment.