Spring Price Discovery
During the survey period, market expectations for prices are averaged to determine the spring crop insurance price. When combined with a farmer’s yield history, the spring prices and yield determine the level of revenue protection available during the crop year.
Commodity | 2024 | 2023 |
|---|---|---|
Corn | 4.66 | 5.91 |
Grain sorghum | 4.67 | 5.84 |
Soybeans | 11.55 | 13.76 |
Sunflowers - oil | 0.238 | 0.305 |
Sunflowers - confection | 0.288 | 0.326 |
Spring Wheat | 6.84 | 8.87 |
USDA set the final projected prices. Updated on March 1, 2024.
Data Source: USDA/RMA
Some prices may vary by state. Call your crop insurance officer with any questions
Trigger Yield Calculator
Trigger yields assist producers with crop insurance and risk management decisions. Understanding what will trigger loss payments is an important part of choosing the correct level of crop insurance coverage.
Crop Insurance Resources
Key Crop Insurance Dates
Important upcoming deadlines for crop insurance.
Additional Crop Insurance Resources
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