The month of February is spring price discovery period for the spring-planted crops shown here. USDA averages the closes of the specific futures price month specified for the commodity (for example, December corn and November soybeans). The table below provides the most recent value.
|
2/14/2019
|
Discovery date = 2/11/19
|
2018 final spring price
|
2018 final harvest price
|
|
Corn
|
4.01
|
3.96
|
3.68
|
|
Grain sorghum
|
3.95
|
3.83
|
3.56
|
|
Soybeans
|
9.57
|
10.16
|
8.60
|
|
Sunflowers - oil
|
0.168
|
0.170
|
0.155
|
|
Sunflowers - confection
|
0.226
|
0.237
|
0.217
|
Data Source: USDA/RMA
We’ll add a table for fall crops when their discovery period arrives.
Call your crop insurance officer with any questions.