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 [...]

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 [...]

Marshall, Grundy, and Hardin counties qualify for a Yield Exclusion starting in 2021 for 2020 corn yields. In August of 2020, the derecho wiped out many fields and caused poor yields in others. Marshall County was hit the hardest with averaging a 92 bushel corn yield. The southern part of [...]

Every year you report your production to your crop insurance agent. This yield history creates your approved APH yield used to determine your crop insurance coverage. There are a few factors that can modify your actual yields to increase your approved APH yield. What factors can modify approved APH yields? [...]

Some farmers purchased Margin Protection last September as crop prices were above $5 for corn with a concern of increasing input costs. As time has passed through fall and winter, crop prices have continued to rise. Now we are looking at purchasing our crop insurance for the 2022 season and [...]

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 [...]