KEY CROP INSURANCE DATES

July 1, 2023

Premium Billing Date

Winter Wheat

July 15, 2023

Acreage Report Deadline

Corn, Soybeans, & Spring Wheat

August 15, 2023

Premium Billing Date

Corn, Soybeans, Spring Wheat, &
Winter Wheat & Spring Wheat on Same Policy – NE, SD 

August 20, 2023

Harvest Price Announced

Winter Wheat

VIEW ALL DATES

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.

The results provided by this tool are for estimation purposes only; actual loss triggers may vary. Contact your Farm Credit Services of America insurance officer for more information.

Crop Insurance Podcasts

Members of our experienced crop insurance team discuss how crop insurance and marketing goals can work together to provide the best financial return. Listen to our audio programs to learn more.

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CORN AND SOYBEAN MOISTURE ADJUSTMENT FACTORS

Moisture adjustment is applied prior to applying any qualifying quality adjustment factors such as test weight, kernel damage, etc.

cornCORN  
soybeansSOYBEANS  

Crop Insurance Price Guarantees

Spring price discovery takes place every February. 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. Follow the page for daily updates through February 28.

VIEW PRICE GUARANTEES 

POLICYHOLDER RESPONSIBILITIES

Find guidelines and responsibilities for your crop insurance policy.

Production Reporting

Acreage Reporting

Production Recordkeeping

Cover Crop Guidelines

Precision Farming

Claims Reporting

Prevented Planting Guidelines

Replanting Guidelines

Silage Guidelines

Pivot Corner Guidelines

CROP PRICE HISTORY

With the Revenue Protection plan, a price guarantee is set in both the spring (Projected) and fall (Harvest). Your final Revenue Guarantee is based on the higher of the spring or fall price. See how prices change from the time they are set before planting until harvest with our price history chart.

CORN
Projected Corn Price History
Year Price
'12 5.68
'13 5.65
'14 4.62
'15 4.15
'16 3.86
'17 3.96
'18 3.96
'19 4.00
'20 3.88
'21 4.58
Harvested Corn Price History
Year Price
'12 7.50
'13 4.39
'14 3.49
'15 3.83
'16 3.49
'17 3.49
'18 3.68
'19 3.90
'20 3.99
'21 5.37
SOYBEAN
Projected Soybean Price History
Year Price
'12 12.55
'13 12.87
'14 11.36
'15 9.73
'16 8.85
'17 10.19
'18 10.16
'19 9.54
'20 9.17
'21 11.87
Harvested Soybean Price History
Year Price
'12 15.39
'13 12.87
'14 9.65
'15 8.91
'16 9.75
'17 9.75
'18 8.60
'19 9.25
'20 10.55
'21 12.30
WINTER WHEAT
Projected Winter Wheat Price History
Year Price
'12 8.70
'13 8.79
'14 7.11
'15 6.41
'16 5.34
'17 4.74
'18 5.06
'19 5.84
'20 4.35
'21 4.98
Harvested Winter Wheat Price History
Year Price
'12 8.70
'13 6.99
'14 6.43
'15 5.43
'16 4.15
'17 5.06
'18 5.14
'19 4.40
'20 4.44
'21 6.34

Calculation Periods

Find the commodity exchange price calculation periods for various crops.

Corn

Corn

  • Commodity Exchange: Chicago Board of Trade (CBOT)
  • Contract Month: December
  • Projected Price: February average daily settlement price
  • Harvest Price: October average daily settlement price
Soybeans

Soybeans

  • Commodity Exchange: CBOT
  • Contract Month: November
  • Projected Price: February average daily settlement price
  • Harvest Price: October average daily settlement price
VIEW ALL CROPS

CROP INSURANCE ABBREVIATIONS

Find common abbreviations and acronyms used to describe crop insurance plans and details.
  • Abbrev. Term
  • AF Annual Forage
  • AIP Approved Insurance Provider
  • APH Actual Production History
  • APHTH Actual Production History Transfer History
  • AR Acreage Report
  • ARD Acreage Reporting Date
  • ARPI Area Risk Protection Insurance
  • BFR Beginning Farmer and Rancher
  • BP Common Crop Insurance Policy Basic Provisions
  • BU Basic Unit
VIEW ALL ABBREVIATIONS 

Crop Insurance Information

RPowerD and MPowerD
Crop insurance option designed to provide opportunities to potentially establish a higher guaranteed revenue – or margin.
Supplemental Coverage Option
Crop insurance option provides additional coverage for a portion of an underlying crop insurance policy deductible
Farm Program Decision: ARC vs. PLC
Price Loss Coverage (PLC) vs. Agriculture Risk Coverage (ARC)-County vs. ARC-Individual – is an annual decision now.
Enhanced Coverage Option for Crop Insurance
Enhanced Coverage Option is area-based coverage that can be added on top of individual crop insurance coverage.
Precision Farming Data for Crop Insurance
Report your crop insurance acreage from your planter seat using your precision data.
Multi-county Enterprise Unit Endorsement
Contact your local FCSAmerica insurance agent to learn if the new MCEU would be advantageous to your operation.
Make the Most of your Revenue Insurance
Understanding how the right crop insurance and knowing your cost of production work together is critical.
Crop Insurance: Getting the Right Coverage
Learn why choosing a farm lender is important to getting the right crop insurance plan.
Grain Marketing Survey: Midwest Farmer Practices
To shed some light on grain marketing practices, FCSAmerica commissioned a survey of more than 600 Corn Belt producers. The full report reveals insights into the tools and strategies of farmers who are satisfied with their grain marketing practices.

Ready to Talk?

Contact us if you have questions or need more information. Fill out the form, or connect with your local office using the Office Locator.

FCSAmerica serves farmers, ranchers, agribusinesses and rural residents in Iowa, Nebraska, South Dakota and Wyoming. For inquiries outside this geography, use the Farm Credit Association Locator  to contact your local office.