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Frequent information updates for agricultural audiences

Crop Insurance Tools Finalized and Available

Posted by John Fulton -

All final versions of the 2009 iFarm and FAST Crop Insurance Tools are available at:

http://www.farmdoc.uiuc.edu/cropins/index.asp.

The final versions of the 2009 tools have been updated with the following values for areas with sales closing dates of March 16, 2009.

Final Values for Corn are:

APH indemnity price = $4.00

CRC base price = $4.04

RA base price = $4.04

GRIP base price = $4.04

CRC price factors = 0.944

RA price volatility = 0.370

GRIP price volatility = 0.340

Final Values for Soybeans are:

APH indemnity price = $9.90

CRC base price = $8.80

RA base price = $8.80

GRIP base price = $8.80

CRC price factors = 1.754

RA price volatility = 0.310

GRIP price volatility = 0.310



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