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    Crop Insurance: SCO and ECO Program Use Aug 10, 2022

    🕔Aug 10, 2022
    Since 2014, supplemental area plans of insurance have been introduced into the Federal crop insurance program.  These supplemental area plans – the Supplemental and Enhanced Coverage Options (SCO and ECO) […]

    Crop Insurance: Consider RP with Harvest Price Exclusion in Conjunction with the Enhanced Coverage Option Feb 25, 2022

    🕔Feb 25, 2022
    Given the same coverage level, Revenue Protection with the harvest price exclusion (RPhpe) has a much lower premium than Revenue Protection (RP). Both RPhpe and RP can be combined with […]

    Commodity Safety Net Programs Enrollment Deadline is March 15 Feb 22, 2022

    🕔Feb 22, 2022
    USDA’s Farm Service Agency reminds growers who have not yet enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs for the 2022 crop year have until […]

    Crop Insurance: Enhanced Coverage Option – Return and Risk Results Feb 17, 2022

    🕔Feb 17, 2022
    The Enhanced Coverage Option (ECO) allows farmers to add a layer of county-level insurance from either a 90% or 95% coverage level down to 86%. Use of ECO will increase […]

    Crop Insurance: How Likely Is Supplemental Area Coverage to Over-Compensate for Damage? May 7, 2021

    🕔May 7, 2021
    Yesterday, we examined the likelihood that payments from crop insurance policy combinations utilizing SCO and ECO would under-compensate farm-level losses compared to using a higher level RP policy, also referred […]

    Crop Insurance: Supplemental Area Insurance and Basis Risk Measures May 6, 2021

    🕔May 6, 2021
    The Enhanced Coverage Option (ECO) is a new supplemental insurance program introduced this year, providing county coverage from 90% or 95% coverage level down to 86%. The Supplemental Coverage Option […]

    Crop Insurance: RP, ECO, and SCO Tradeoffs Mar 4, 2021

    🕔Mar 4, 2021
    For the past several years, many farmers in the Midwest purchased Revenue Protection (RP) crop insurance at an 85% coverage level (RP-85%). Due to both higher projected prices and volatilities, […]

    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 […]

    Illinois: How Often Would ECO Payments Have Triggered in the Past? Dec 14, 2020

    🕔Dec 14, 2020
    The Enhanced Coverage Option (ECO) is a new crop insurance program that will be available for the first time in 2021.  ECO can be used to supplement the coverage provided […]

    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 […]

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