Illinois: Examining ECO Payments Across the State Dec 16, 2020

    🕔Dec 16, 2020
    Previous articles on Enhanced Coverage Option (ECO) provide a description of the product, evaluate the size of premiums, and give historical frequencies of payments. Herein we illustrate the years in […]

    Corn, Soybeans: Crop Insurance – Premiums for the Enhanced Coverage Option Dec 9, 2020

    🕔Dec 9, 2020
    Enhanced Coverage Option (ECO) will be available for the first time in 2021. With ECO, purchasers of Revenue Protection (RP) or other COMBO products can extend county-level coverage up to […]

    Illinois: Revenue Protection Insurance – What Fits? Dec 2, 2020

    🕔Dec 2, 2020
    In 2020, Revenue Protection (RP) was used on 93% of insured acres in Illinois, making it by far the most popular crop insurance product. Herein, we examine coverage levels while insuring […]

    Farm Programs: Supplemental Coverage Option – Is It Right for You? – Videos Mar 13, 2019

    🕔Mar 13, 2019
    Supplemental 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, 2019

    🕔Feb 13, 2019
    Supplemental 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, 2019

    🕔Feb 6, 2019
    The 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, 2019

    🕔Jan 30, 2019
    When 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, 2018

    🕔May 17, 2018
    Prudent 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, 2018

    🕔May 9, 2018
    Over 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, 2018

    🕔Jan 24, 2018
    In 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 […]


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