Farm Programs: Supplemental Coverage Option – Is It Right for You? – Videos

🕔Mar 13, 2019Supplemental Coverage Option (SCO) was created after the passage of the 2014 Farm Bill. Before 2019, most farmers in the Midwest could not use SCO because SCO is only available […]

Crop Insurance: Supplemental Coverage Option – Is It Right for You?

🕔Feb 13, 2019Supplemental Coverage Option (SCO) was introduced in the 2014 Farm Bill but was limited to acres where Price Loss Coverage (PLC) was the commodity title program choice. More farmers likely […]

Cornbelt Projected Revenue Insurance Prices – DTN

🕔Feb 6, 2019The month of February is important for growers in the key Corn Belt states who purchase revenue-based crop insurance policies. It’s when the projected prices for those policies are set. […]

Illinois Crop Insurance: Revenue Protection the Most Popular Choice – Why?

🕔Jan 30, 2019When purchasing crop insurance, most Illinois farmers use Revenue Protection (RP) at higher coverage levels for both corn and soybeans. After its introduction in 2018, Margin Protection gained acres.  Tables […]

Corn Market: Pre-Harvest Hedging and Revenue Protection

🕔May 17, 2018Prudent pre-harvest hedging reduces risk, particularly if it is done in conjunction with the purchase of revenue crop insurance having the Harvest Price Option (HPO) option. Recent criticism of crop […]

Crop Insurance: Overwhelming Use of Harvest Price Option – Example, Illinois

🕔May 9, 2018Over time, farmers have migrated to revenue crop insurance products with the harvest price option (HPO). Today, products with HPO are used on over 90% of the insured acres in […]

Illinois Crop Insurance: Soybeans – Impacts of Lowering Coverage Levels

🕔Jan 24, 2018In 2018, some farmers are considering lowering coverage levels or eliminating crop insurance on soybeans. A primary motive for doing so is reducing cash flows in these times of negative […]

Midwest Corn, Soybeans: Projected Prices for 2018 – More of the Same?

🕔Dec 20, 2017Projected prices for 2018 crop insurance policies will not be set until February for corn and soybean grown in the Midwest states. However, current levels of futures contracts provide estimates […]

Illinois: Combining Margin Protection and Revenue Protection

🕔Sep 27, 2017The new Margin Protection crop insurance policy can be purchased along with any COMBO product. Doing so will allow farmers to have “county” margin protection up to a 95% coverage […]

Crop Insurance: Should Users of Revenue Protection Add Margin Protection?

Photo by Nikki Bell, University of Kentucky
🕔Sep 13, 2017Farmers have until September 30 to determine whether to purchase Margin Protection, a new crop insurance product that provides payments when a harvest revenue-cost margin is below a guarantee set based […]

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