Find trends and outlooks, education and more on financing rural America from Farm Credit Services of America.

More Content

As Harvest Winds Down, Most are Thankful for Good Yields

Corn harvest in the 18 states USDA reports has reached 86 percent – one point ahead of the five-year average. At 86 percent, Iowa is two points behind average and South Dakota is four points behind, but Nebraska is one point ahead of average.

Soybeans stand at 93 percent, two points ahead of average. The states in our service area are running one to three points behind.


Corn Harvest Completed (%)

Soybean Harvest Completed (%)

18 States









South Dakota




Most producers in our four-state territory report their yields have been good, if not outstanding, said Bruce Green, vice president – insurance operations at Farm Credit Services of America. That means widespread crop insurance indemnities are unlikely.

Following USDA’s release of the official harvest prices for corn at $3.49 and soybeans, $9.75, Green noted: “Corn prices are down about 10 percent from the guarantee of $3.86, which alone probably does not trigger a loss – there would also need to be yield losses.”

Soybean insurance indemnity payments are even less likely given that the harvest price is 90 cents above the guarantee.

Any production claims must be filed within 60 days of harvest. For price claims, you have 45 days from the harvest price announcement (with no yield loss).


Load more comments
Your comment has been received and is being reviewed.

Comments are moderated and reviewed before they are posted on the site. View our terms of use.


Feb 11, 2019 | Crop Insurance

Protecting your Farm Against Shallow Losses

Supplemental crop insurance policies from private companies allow you to raise your corn or soybean insurance coverage so claims kick in with less of a loss.

Jan 9, 2019 | Crop Insurance

Grain in the Bin is Not a Plan

Three factors to consider in marketing that grain that is sitting in a bin.

Apr 24, 2021 | Crop Insurance

Spring 2021 Outlook

Learn how an environment of tight ending stocks, early planting and a strong pricing outlook could affect your operation and marketing plan.

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.