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 […]

Crop Insurance: A Historical Look at Supplemental Coverage Option Participation Feb 5, 2020

🕔Feb 5, 2020
Supplemental Coverage Option (SCO) insurance is generating considerable discussion.  This article reviews historical participation in SCO using data from USDA, RMA’s (US Department of Agriculture, Risk Management Agency) Summary of […]

Farm Bill Program Deadlines Approaching – Need Help Making a Decision? Dec 18, 2019

🕔Dec 18, 2019
Decision deadlines are approaching under the 2018 Farm Bill. This article covers deadlines and lists considerations when choosing between the commodity title alternatives of Agricultural Risk Coverage (ARC) and Price […]

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 […]

Virginia Cotton: Crop Insurance – 5 Tips Before Making a Decision Mar 5, 2019

🕔Mar 5, 2019
I’ll start off with a generalization that it is back like it used to be.  So it should be easy to decide – right.  Well, sort of but there are […]

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