Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 1/3/18


The Risk Management Agency has released rates needed to calculate 2018 crop insurance premium. Revenue Protection (RP) rate changes suggest slightly higher corn premiums and lower soybean premiums. Given that 2018 projected prices and volatilities are lower than 2017 values, premiums in 2018 could be near or slightly lower than 2017 values. As a result, premium changes likely will not influence 2018 crop insurance decisions.

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