Margin Protection is a county based crop insurance product which provides up to 95% coverage. The goal of Margin Protection is to protect against low county yields, a decline in crop prices, and an increase in variable input costs. In 2023, yields were variable from county to county. There were [...]

ECO (Enhanced Coverage Option) is a county crop insurance product that provides up to 95% coverage. In 2023, the county revenue was less than expected. The biggest factor was the decline in prices. The Projected Price for corn was $5.91. At harvest, the price dropped to $4.88. This is over [...]

Corn   Soybeans

2023 was the perfect opportunity to lock in profit using crop insurance. Many crop insurance products are sensitive to price. In 2023, the spring time Projected Price for corn was $5.91. At harvest time, the price declined to $4.88. This was over $1 decrease in price per bushel. The beauty [...]

In 2024, we are dealing with much tighter margins. The cost of production has come down some. But farmers are still dealing with high inputs along with a price that has declined rapidly. 85% Revenue Protection will not provide the same guarantee in 2024 that it did in 2023. In [...]

I reported a wide range of corn yields in 2023. There were dry areas, drier areas, and driest areas.... In the dry areas, yields were near record high. In the drier areas, yields were slightly less than their APH's. In the driest areas, yields were disappointing. In all cases, there [...]