ARC vs PLC › New Mexico

ARC-CO and PLC · FSA official

New Mexico ARC-CO benchmark yields for 2026, by county

FSA’s official program year 2026 ARC-CO benchmark yields for 20 New Mexico counties, by crop and by practice where FSA splits irrigated and non-irrigated. FSA has not posted 2027 benchmarks; the 2027 benchmark shifts the window one year.

2026 signup closesDec 11, 2026
2027 signupNov 2 to Mar 15, 2027

Prices that apply in every county. 2026 effective reference price: corn $4.42, soybeans $10.71, wheat $6.35. 2026 ARC-CO benchmark price: corn $5.03, soybeans $12.17, wheat $6.98. When the county yield comes in at its benchmark, ARC-CO pays when the season-average price ends at $4.52 or lower for corn, $10.95 for soybeans and $6.28 for wheat.

Official benchmark yield and revenue by county

Benchmark yield in bu/acre (FSA, 2026). Revenue = yield × 2026 benchmark price, $/acre. Max/base ac = 12% of revenue on 85% of base.

CountyCropPracticeYieldRevenueMax/base ac
ChavesCornAll practices151.60$763$78
CurryCornIrrigated116.03$584$60
CornNon-irrigated42.07$212$22
SoybeansAll practices43.67$531$54
WheatIrrigated47.34$330$34
WheatNon-irrigated9.63$67$7
De BacaWheatAll practices26.73$187$19
Doña AnaCornAll practices191.77$965$98
WheatAll practices86.91$607$62
EddyCornAll practices151.60$763$78
HardingWheatAll practices37.18$260$26
HidalgoCornAll practices199.53$1,004$102
LeaCornAll practices145.63$733$75
LunaCornAll practices196.77$990$101
OteroWheatAll practices86.91$607$62
QuayCornAll practices205.79$1,035$106
WheatAll practices9.40$66$7
Rio ArribaWheatAll practices23.44$164$17
RooseveltCornIrrigated99.29$499$51
CornNon-irrigated42.07$212$22
WheatIrrigated49.64$346$35
WheatNon-irrigated10.09$70$7
San JuanCornAll practices191.16$962$98
WheatAll practices76.50$534$54
San MiguelCornAll practices178.49$898$92
Santa FeCornAll practices180.85$910$93
WheatAll practices43.07$301$31
SierraCornAll practices189.58$954$97
TorranceWheatAll practices45.73$319$33
UnionCornAll practices181.02$911$93
SoybeansAll practices42.33$515$53
WheatIrrigated52.53$367$37
WheatNon-irrigated15.44$108$11
ValenciaCornAll practices178.49$898$92

A county or crop not listed: FSA’s files have nothing for it. Ask the county FSA office for “the 2026 ARC-CO benchmark yield for my county, crop and practice (irrigated or non-irrigated)”, or look it up in FSA’s program data (file: ARC-CO benchmark yields and revenues, program year 2026). Then type it into the calculator.

PLC vs ARC-CO break-even at the benchmark yield

When the county yield comes in at its benchmark, which program pays more depends on the season-average price and on your PLC yield as a share of the county’s official benchmark. Expressed that way, the break-even is the same in every New Mexico county. 2026 prices, corn:

PLC yield, % of your official benchmarkWhich pays more, by season-average price
60%PLC: $3.41 or lower
ARC-CO: $3.42 to $4.52
70%PLC: $3.55 or lower
ARC-CO: $3.56 to $4.52
80%PLC: $3.66 or lower
ARC-CO: $3.67 to $4.52
90%PLC: $3.74 or lower
ARC-CO: $3.75 to $4.52
100%PLC: $3.81 or lower
ARC-CO: $3.82 to $4.52

Soybeans:

PLC yield, % of your official benchmarkWhich pays more, by season-average price
60%PLC: $8.27 or lower
ARC-CO: $8.28 to $10.95
70%PLC: $8.62 or lower
ARC-CO: $8.63 to $10.95
80%PLC: $8.88 or lower
ARC-CO: $8.89 to $10.95
90%PLC: $9.08 or lower
ARC-CO: $9.09 to $10.95
100%PLC: $9.24 or lower
ARC-CO: $9.25 to $10.95

Wheat:

PLC yield, % of your official benchmarkWhich pays more, by season-average price
60%PLC: $4.95 or lower
ARC-CO: $4.96 to $6.17
70%PLC: $5.15 or lower
ARC-CO: $5.16 to $6.12
80%PLC: $5.30 or lower
ARC-CO: $5.31 to $6.00
90%PLC: $5.41 or lower
ARC-CO: $5.42 to $5.66
100%PLC: $6.34 or lower
ARC-CO: never

Per base acre, both programs on 85% of base. Your PLC yield is on the FSA-156EZ. A county yield below benchmark favors ARC-CO.

An estimate, not a USDA determination. FSA ARC/PLC · FSA program data · Find your county office

Related: ARC vs PLC calculator · New Mexico cash rent by county · New Mexico yield by year · New Mexico Farmland Atlas

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