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Spring Crop Prices For Revenue And Yield Protection Policies

Feb 20, 2014

By March 1, our insurance specialists will know the final price which will be used on the insurance policy. However, historically, the average price difference between the February 1 and the last day of February has been less than 20 cents for corn and less than 40 cents for soybeans. Therefore, if you have any questions or concerns, our specialists can check current trading prices to provide you with a fairly accurate quote.

The Risk Management Agency tracks the price discovery period on the commodity exchange and then sets the final price based on the average during the discovery period. For example, the corn price will be determined using the average December contract price during the month of February. The soybean price is also set during the month of February using the average November contract price.

Contact the local FCSAmerica office or call 1-800-884-FARM today. Or, click here to request a no-cost, no-obligation crop insurance plan review.


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Key Crop Insurance Dates

August 15, 2018
Premium Billing Date
Corn, Soybeans, Spring Wheat, &
Winter Wheat & Spring Wheat on Same Policy – NE, SD

August 20, 2018
Harvest Price Announced
Winter Wheat

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