Members of our experienced crop insurance team discuss how crop insurance and marketing goals can work together to provide the best financial return. Listen to our audio programs to learn more.
Trigger yields assist producers with crop insurance and risk management decisions. Understanding what will trigger loss payments is an important part of choosing the correct level of crop insurance coverage.
With the Revenue Protection plan, a price guarantee is set in both the spring (Projected) and fall (Harvest). Your final Revenue Guarantee is based on the higher of the spring or fall price. See how prices change from the time they are set before planting until harvest with our price history chart.
The projected price for corn is $4.66 in 2024 and the harvest price was $4.88 in 2023.
The projected price for soybeans is $11.55 in 2024 and the harvest price was $12.84 in 2023.
The Projected Price for winter wheat was $7.11 in 2014 and has increased to $7.38 in 2024. The Harvest Price for winter wheat was $6.43 in 2014 and has increased to $8.42 in 2023.
Find the commodity exchange price calculation periods for various crops.
Moisture adjustment is applied prior to applying any qualifying quality adjustment factors such as test weight, kernel damage, etc.
Spring price discovery takes place every February and fall price discovery takes place every August/September. During the survey period, market expectations for prices are averaged to determine the spring (or fall) crop insurance price.
When combined with a farmer’s yield history, the spring (or fall) prices and yield determine the level of revenue protection available during the crop year.
Important upcoming deadlines for crop insurance.
Find guidelines and responsibilities for your crop insurance policy.
Frontier Farm Credit provides these links solely as a service to our customers and agricultural community, therefore should not be construed as advocating or reflecting any position of Frontier Farm Credit. In addition, Frontier Farm Credit does not guarantee the content for accuracy of any information presented at these sites.
Common abbreviations and acronyms used to describe crop insurance plans and details.
Abbrev | Term |
---|---|
AF | Annual Forage |
AIP | Approved Insurance Provider |
APH | Actual Production History |
APHTH | Actual Production History Transfer History |
AR | Acreage Report |
Abbrev | Term |
---|---|
ARD | Acreage Reporting Date |
ARPI | Area Risk Protection Insurance |
BFR | Beginning Farmer and Rancher |
BP | Common Crop Insurance Policy Basic Provisions |
BU | Basic Unit |
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