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

Franklin – 56.5

Grundy – 63.6

Hamilton – 53.7

Hardin – 57.8

Marshall – 62.2

 

An ECO claim payment will trigger when the county revenue performs less than the Guaranteed Expected County Revenue. You can elect to guarantee 90% or 95% of the Expected County Revenue. The Projected Price will be calculated in the month of February, therefore guarantees can be confirmed in March.

You need to apply for ECO by March 15th for the 2021 crop season. For more information review my blog post ECO – Enhanced Coverage Option.