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 [...]

Enhanced Coverage Option vs. Margin Protection. ECO and MP are both great tools to use as top end crop insurance coverage.  Although, you can't elect both ECO and MP coverage. Below is a list of similarities and differences between the products that can help you make a decision.   Here [...]

Below are a few of the tops reasons that make Margin Protection attractive for 2022. 95% County Level Revenue Coverage Margin Protection can provide up to 95% county level revenue coverage. Different Price Discovery Period The discovery period for the initial price guarantee is calculated from August 15  to September [...]

Crop insurance is the foundation of your risk management plan. With a crop insurance policy called Revenue Protection, you are protected from a bushel loss and/or a price decline. It is common to see weather premium built into the market in the spring and summer timeframe. How can crop insurance [...]