Revenue Protection Insurance (RP)
Get the best coverage for your operation!
Revenue Protection Insurance (RP)
Spring Price = Set by the RMA February 1-28
Average daily close on CBOT for Dec corn and Nov beans
Guaranteed $/A cannot go lower but may go higher if fall price comes out higher
Harvest Price = Set by the RMA October 1-31
Average daily close on CBOT for Dec corn and Nov beans
Actual crop sale price is not used to calculate payments
Dollar Guarantee = the dollar amount you are guaranteed to receive for your crop
Based on RMA values for Spring Price & Harvest Price