Crop Insurance Update
Posted: September 18, 2012
It is best if the below information is distributed to producers prior to the 9/30 enrollment/policy change deadline.
Using these numbers we can do some quick calculations using our coverage level to determine expected revenue. These calculations help us determine how best to utilize available risk management tools to meet our farm/family financial and risk tolerance needs.
Fall seeded small grains crop insurance projected price has been announced:
Barley:
DE, MD and NJ $6.99/bu.
NY, PA, and WV $6.10/bu.
Wheat:
DE, MD, NJ, NY, PA, and WV $8.57/bu.
Given global market conditions, recent price volatility and your cost-of-production; remember to consider – “Is your 2012 risk management plan adequate for your 2013 crops?”
Contact Information
- Ag Marketing Educator
