2021 County Yields
Below is the expected yield compared to the final county yield for the 2021 crop.
Livestock Risk Protection
What is Livestock Risk Protection? Livestock Risk Protection (LRP) is customizable price protection for cattle and hogs. How does Livestock Risk Protection work? You have the opportunity to lock in a coverage price based on the futures closing price. You select the number of head, expected selling weight, and expected [...]
How Does SCO & ECO Work With Revenue Protection
Revenue Protection (RP) Based on an APH yield of 200, 80% Revenue Protection provides 160 bushel guarantee. With no other coverage, there is a bushel deductible of 40 bushels per acre. You can see this illustrated in the first bar. Supplemental Coverage Option (SCO) SCO is a county based coverage [...]
What is PACE?
PACE (Post Application Coverage Endorsement) is a new crop insurance product for 2021. This coverage is for crop operations that use split nitrogen applications. If wet weather or an insurable cause of loss prevent the post nitrogen application from the V3-V10 growth stages, an insurance claim would trigger to pay [...]
Revenue Protection 2022
2022 Projected Prices for corn and soybeans are expected to be approximately $1 higher than in 2021. The 2022 December corn futures is tracking around $5.50 and November soybean futures around $13.00. What does this mean for Revenue Protection? In regards to coverage, a 200 APH with 85% RP coverage [...]
Farm Bill Analysis 2022-23
Time to make Farm Bill elections for the 2022-23 season. Should you elect ARC-CO or PLC? ARC-CO Below is a brief overview of ARC-CO. The table shows the Olympic Yield and Trigger Yield for each county based on an estimated Marketing Year Average Price of $4.80 for corn and $10.50 [...]
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