Now that we are in the sales season for 2025 Margin Protection. You may want to be updated on how the 2024 Margin Protection coverage is tracking. Some input cost harvest prices have been settled: DAP, diesel, potash, and urea. In October, the corn and interest harvest prices will be calculated. County yields will not [...]

Margin Protection's price was calculated from August 15th - September 14th. Corn's projected price is $4.40, based on December 2025 futures. Soybean's projected price is $10.42, based on November 2025 futures. This discovery price timeframe provides an opportunity to lock in a crop insurance well ahead of most crop insurance product prices that are set [...]

Here are the 2025 Expected County Yields for our area. These yields will be used for Margin Protection, ECO, and SCO coverage.  

Margin Protection is a county based crop insurance product which provides up to 95% coverage. The goal of Margin Protection is to protect against low county yields, a decline in crop prices, and an increase in variable input costs. In 2023, yields were variable from county to county. There were low county yields due to [...]

ECO (Enhanced Coverage Option) is a county crop insurance product that provides up to 95% coverage. In 2023, the county revenue was less than expected. The biggest factor was the decline in prices. The Projected Price for corn was $5.91. At harvest, the price dropped to $4.88. This is over $1 decline! Some counties in [...]

Corn   Soybeans

2023 was the perfect opportunity to lock in profit using crop insurance. Many crop insurance products are sensitive to price. In 2023, the spring time Projected Price for corn was $5.91. At harvest time, the price declined to $4.88. This was over $1 decrease in price per bushel. The beauty of using Revenue Protection crop [...]

In 2024, we are dealing with much tighter margins. The cost of production has come down some. But farmers are still dealing with high inputs along with a price that has declined rapidly. 85% Revenue Protection will not provide the same guarantee in 2024 that it did in 2023. In 2023, $5.91 x 220 APH [...]

I reported a wide range of corn yields in 2023. There were dry areas, drier areas, and driest areas.... In the dry areas, yields were near record high. In the drier areas, yields were slightly less than their APH's. In the driest areas, yields were disappointing. In all cases, there was a chance that crop [...]

PRF (Pasture, Rangeland, Forage) is a crop insurance product used to protect against less than average rainfall.   Let's take a look at how PRF has performed so far in 2023.  Below is a chart showing the average rainfall for each PRF interval against the actual rainfall in 2023. This data is specific to a [...]