The final county yields are in for 2020. If ECO would have been available in 2020, would it have paid? Below is a graph showing the Expected County Yield vs. the Actual County Yield.  The difference between the Expected Revenue and Actual Revenue is shown in the table, along with [...]

Earliest Plant Date Corn - April 11th Soybeans - April 21st *Follow the earliest plant date to insure replant coverage.    Final Plant Date Corn - May 31st Soybeans - June 15th *Follow the final plant date to insure full crop insurance guarantee.     

Crop Insurance Projected Prices were calculated in the month of February. Corn $4.58 Soybeans $11.87   These Projected Prices are higher than the past few years. Corn 2021 $4.58 2020 $3.88 2019 $4.00 2018 $3.96   Soybeans 2021 $11.87 2020 $9.17 2019 $9.54 2018 $10.16   Higher Projected Prices means [...]

Can't predict the future.... but can review historical data to see how Enhanced Coverage Option would have paid in the past. Below are charts that look back to see the number of years ECO would have triggered and the number of years the full ECO payment would have been paid. [...]

Enhanced Coverage Option uses Expected County Yields x Projected Price to determine the Expected County Revenue. Below are the 2021 Expected County Yields in our area: Corn Butler - 200.2 Franklin - 203.0 Grundy - 219.6 Hamilton - 194.1 Hardin - 200.4 Marshall - 212.6   Soybeans Butler - 55.8 [...]

Iowa State University's Ag Decision Maker website is a great resource to evaluate ARC-CO and PLC. As a reminder, PLC is  triggered if the Marketing Year Average Price is lower than the Effective Reference Price. The Effective Reference Price is $3.70 for corn and $8.40 for soybeans. ARC-CO is triggered [...]