Multi-Peril Crop Insurance
MPCI in all of its forms provides protection against crop yield loss by allowing policy holders to insure a chosen percentage of their Actual Production History (APH). Policies protect a variety of crops against all natural perils.
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Crop-Hail Insurance
Crop-Hail products insure against the perils of hail, fire, lightning and transit. These products allow the grower added flexibility when it comes to protecting one's investment. Policies include various coverage levels and deductibles. Within the crop insurance field it has long been assumed that your MPCI covers your expenses and your Crop-Hail covers your profits.
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Projected Spring Price:
The 2014 projected spring prices were set in the month of February with December 2014 corn futures and November 2014 soybean futures. The corn projected price is set at $4.62 and the soybeans projected price is $11.36. For those on a revenue protection plan, the 2014 harvest prices will be determined in October.
2014 Projected prices: 2014 Harvest prices:
Corn: $4.62
Soybeans: $11.36
2013 Projected prices: 2013 Harvest prices:
Corn: $5.65 $4.39
Soybeans: $12.87 $12.87
2012 Projected prices: 2012 Harvest prices:
Corn: $5.68 $7.50
Soybeans: $12.55 $15.39
http://www3.rma.usda.gov/apps/pricediscoveryweb/DailyPrices.aspx
http://prodwebnlb.rma.usda.gov/apps/PriceDiscovery/GetPrices/YourPrice
2014 Projected prices: 2014 Harvest prices:
Corn: $4.62
Soybeans: $11.36
2013 Projected prices: 2013 Harvest prices:
Corn: $5.65 $4.39
Soybeans: $12.87 $12.87
2012 Projected prices: 2012 Harvest prices:
Corn: $5.68 $7.50
Soybeans: $12.55 $15.39
http://www3.rma.usda.gov/apps/pricediscoveryweb/DailyPrices.aspx
http://prodwebnlb.rma.usda.gov/apps/PriceDiscovery/GetPrices/YourPrice
In the News:
Exports: Corn Net Sales Climb Yet Again
by Angie Bowman, May 30, 2014
(Ag Professional) - For the third consecutive week, corn net sales have been digging out from under the plunge seen in late April.
Power Hour: Why Fertilizer Prices are Falling Worldwide
by Ed Clark, Top Producer Business & Issues Editor, May 30, 2014
(Ag Web) - USDA reinforced its prediction for record corn and soybean crops in 2014.
Weekly Fertilizer Review
by Bryce Knorr, Farm Futures, May 27, 2014
(Farm Futures) - Global fertilizer prices continue decline, U.S. eases slowly.
United States Drought Monitor
The U.S. Drought Monitor is jointly produced by the National Drought Mitigation Center at the University of Nebraska-Lincoln, the United States Department of Agriculture, and the National Oceanic and Atmospheric Administration. Map courtesy of NDMC-UNL.A weekly map of drought conditions.
Web Soil Survey (WSS)
by USDA Natural Resources Conservation Service (NRCS)
(USDA) - Web Soil Survey (WSS) provides soil data and information produced by the National Cooperative Soil Survey.
Agricultural Economics Publications
2014
(Purdue University) - Purdue Agricultural Economics Report (quarterly) and selected recent publications.
by Angie Bowman, May 30, 2014
(Ag Professional) - For the third consecutive week, corn net sales have been digging out from under the plunge seen in late April.
Power Hour: Why Fertilizer Prices are Falling Worldwide
by Ed Clark, Top Producer Business & Issues Editor, May 30, 2014
(Ag Web) - USDA reinforced its prediction for record corn and soybean crops in 2014.
Weekly Fertilizer Review
by Bryce Knorr, Farm Futures, May 27, 2014
(Farm Futures) - Global fertilizer prices continue decline, U.S. eases slowly.
United States Drought Monitor
The U.S. Drought Monitor is jointly produced by the National Drought Mitigation Center at the University of Nebraska-Lincoln, the United States Department of Agriculture, and the National Oceanic and Atmospheric Administration. Map courtesy of NDMC-UNL.A weekly map of drought conditions.
Web Soil Survey (WSS)
by USDA Natural Resources Conservation Service (NRCS)
(USDA) - Web Soil Survey (WSS) provides soil data and information produced by the National Cooperative Soil Survey.
Agricultural Economics Publications
2014
(Purdue University) - Purdue Agricultural Economics Report (quarterly) and selected recent publications.
