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Estimated Weighted National Average Price and Projected |
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Percent ACRE Price for 2010/11 |
Date: |
5/12/2010 |
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Sorg-hum |
Soy-beans |
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Wheat |
Corn |
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1 |
08-09 NASS Published Price1 |
6.78 |
4.06 |
3.20 |
9.97 |
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2 |
09-10 NASS Published Price1 |
4.94 |
3.52 |
3.07 |
9.50 |
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3 |
% of 08-09 NASS Price Settled2 |
93% |
69% |
75% |
74% |
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ACRE |
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4 |
2010 ACRE Strike Price, Average of 2008/09 & 2009/10 MYA Price |
5.86 |
3.79 |
3.14 |
9.73 |
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5 |
Assume an "Average" State Yield, 2010 ACRE Payment Price X 90%3 |
5.27 |
3.41 |
2.82 |
8.76 |
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6 |
Assuming an "Average" Yield, Maximum ACRE Price to Exceed the 25%
Cap on Payments4 |
3.96 |
2.56 |
2.12 |
6.57 |
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7 |
KSU Est. 2010/11 on Jun 1, 2010 |
4.81 |
3.57 |
3.17 |
9.47 |
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Plus or Minus |
1.06 |
0.69 |
0.70 |
2.08 |
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8 |
USDA Estimate of the 2010/11 MYA NASS price and range of price (May
11, 2010)5 |
4.60 |
3.50 |
3.20 |
8.75 |
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4.10 |
3.20 |
2.90 |
8.00 |
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5.10 |
3.80 |
3.50 |
9.50 |
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9 |
KSU Forecast of the 2009/10 New Crop MYA Price and range of price6 |
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4.81 |
3.57 |
3.17 |
9.47 |
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3.75 |
2.88 |
2.47 |
7.39 |
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5.86 |
4.26 |
3.86 |
11.55 |
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10 |
% of 10-11 NASS Price Settled2 |
0% |
0% |
0% |
0% |
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11 |
$ ACRE in (out) of the Money |
0.47 |
(0.16) |
(0.34) |
(0.71) |
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12 |
% ACRE in (out) of the Money |
8.0% |
(4.1%) |
(11.0%) |
(7.3%) |
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Next Year's Cup & Cap |
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13 |
Min 09/10 Price to trigger 10% Cup |
5.61 |
3.30 |
2.57 |
8.02 |
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14 |
Max 09/10 Price to trigger 10% Cap |
6.66 |
3.98 |
3.14 |
9.78 |
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Copyright 2010, All Rights Reserved |
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