If you purchased Margin Protection last September for the 2022 crop season, you may be wondering how the inputs are tracking. Margin Protection includes fixed costs and variable costs to determine the Expected Margin by county. The variable costs will impact a potential claim payment. The projected variable costs were [...]

2021 Crop Insurance Prices calculated through the month of October.   Corn - Harvest Price $5.37 - Spring Price $4.58 Below is a chart showing the 2021 Corn Price against the Average of 2012-2021. You can see the 2021 went against the trend. Other notable years were 2012 and 2020 [...]

Here are a few reminders to getting Climate ready for harvest. Update software: Both Fieldview Apps and Yield Monitor software. CAB App version 14.7.1 Confirm the Drive is connected to iPad on the bottom corner of the Cab App Home screen. If not, go to settings and devices to connect. [...]

For crop insurance, shrink corn to 15% and soybeans to 13%.   Example: 1,000 wet bushels of corn @ 20% moisture Look up the 20% moisture factor (.9400) Take 1,000 bushels x .9400 shrink factor = 940 dry bushels (15%)   Here are the crop insurance shrink factor tables for [...]

Below are a few crop insurance reminders for the upcoming 2021 harvest season. Appraisals Chopping Silage: Need to get an appraisal if you have loss. Need to get an appraisal if you chop more than 50% of the unit. It is beneficial to get an appraisal in any situation. Grain [...]

Price is one of the biggest contributing factors to a Margin Protection claim payment. Right now the initial price is tracking around $5.09 for corn. Below are a few examples that illustrates Margin Protection's sensitivity to declining prices at harvest.   Let's take a look at a few 95% Margin [...]