Price Protection Diversification
What are you doing for price protection? The volatility in the market right can easily swing prices in one direction or the other very quickly. Margin Protection allows you to obtain a projected price in August/September ahead of the next season's crop. For federal crop insurance, the projected price is [...]
2022 Margin Protection, Bad Idea or Good Idea?
It has been almost 1 year since farmers purchased Margin Protection for the 2022 crop. At that time, corn prices were on the rise and locking in $5 corn looked very attractive heading into harvest. The fear of increasing input costs also weighed on many minds. Then February rolled around [...]
Green Snap, Wind, Extra Harvest Expense
What's the difference between green snap, wind, and extra harvest expense coverage? Green Snap Green snap provides coverage for a broken or severed stalk at a node above the brace roots and below the ear. Wind Wind provides coverage for flattening, bending, or breaking of the stalk. Extra Harvest Expense [...]
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 [...]
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