Crop Insurance Resources and Tools

Featured Resources and Insights

Risk Management
Hail Plan Analyzer Simplifies Coverage
Protecting crops from unpredictable weather events like hail and wind is crucial. Our Hail Plan Analyzer helps insurance officers navigate the complexities of coverage, ensuring farmers have the right protection for their crops.

Read Article
Risk Management
Save Time and Money with Precision Reporting, Apps
If you haven’t tried using your precision farming technology for acreage and production reporting, you’re missing out on saving time and money.

Read Article
Risk Management
Don't Cut Corners on Reporting Pivot Acres, Use Precision
With precision technology, farmers can streamline and improve efficiencies in reporting and separating dryland acres from irrigated acres.

Read Article

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.

Listen to Podcast

phone with headphones resting on bag in an open field

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 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

The projected price for corn is $4.66 in 2024 and the harvest price was $4.88 in 2023.

Soybeans

The projected price for soybeans is $11.55 in 2024 and the harvest price was $12.84 in 2023.

Winter Wheat

Iowa and Wyoming winter wheat prices differ.

The Projected Price for winter wheat was $7.11 in 2014 and has increased to $7.38 in 2024. The Harvest Price for winter wheat was $6.43 in 2014 and has increased to $8.42 in 2023.

Calculation Periods

Find the commodity exchange price calculation periods for various crops.

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

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

View All Crops

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.

Corn

Moisture adjustment results in a reduction in production to count of 0.12 percent for each 0.1 percent moisture in excess of 15 percent through 30 percent and 0.2 percent reduction for each 0.1 percent above 30 percent.

Download Table

Soybeans

Moisture adjustment results in a reduction in production to count of 0.12 percent for each 0.1 percent moisture in excess of 13 percent.

Download Table

Crop Insurance Price Guarantees

Spring price discovery takes place every February and fall price discovery takes place every August/September. During the survey period, market expectations for prices are averaged to determine the spring (or fall) crop insurance price.

When combined with a farmer’s yield history, the spring (or fall) prices and yield determine the level of revenue protection available during the crop year.

View Price Guarantees