2024 Margin Protection Indemnity Payments
Here is a chart showing the 2024 Margin Protection Indemnity Payments for the counties in our area. As a reminder, the Projected Price was set back in Aug/Sept of 2023 at $5.09. The Harvest Price was settled October of 2024 at $4.16. The indemnity payments shown below will be offset [...]
How has PRF worked in 2024?
PRF (Pasture Rangeland Forage) protects against a lack of rainfall during selected intervals throughout the year. Many of the PRF policies selected either the Aug-Sep Interval or the Sep-Oct Interval. In 2024, we became dry in Aug through Oct, even through the earlier months had adequate rainfall. Below you can [...]
2024 Harvest Prices
Harvest Prices set in the month of October: Corn $4.16 Soybeans $10.03 The Projected Prices set in the month of February: Corn $4.66 Soybeans $11.55 This is a $0.50 change in corn and $1.52 in soybeans. If you have a 220 APH on corn with 85% Revenue [...]
2025 MP or ECO?
Margin Protection and ECO are 95% county revenue crop insurance products. Both products can provide similar value to your risk management strategy. But how do you choose which product is best for your operation? Here are a few differences in the products to consider: Margin Protection (MP) MP is [...]
2024 Margin Protection Tracking Update
Now that we are in the sales season for 2025 Margin Protection. You may want to be updated on how the 2024 Margin Protection coverage is tracking. Some input cost harvest prices have been settled: DAP, diesel, potash, and urea. In October, the corn and interest harvest prices will be [...]
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