CARMI, Ill. (RFD-TV) — As harvest continues across the country, crop insurance providers are finalizing projected harvest prices for insured crops. These figures play a key role in determining how policies perform and whether farmers will qualify for indemnities.
Brooks York with Agri-Sompo says this year’s focus is on where prices for major commodities stand heading into the final stretch. He explains that harvest prices are used to calculate actual revenues and compare them against coverage guarantees — a critical step in assessing potential losses.
York adds that lower discovery prices in some regions could trigger claims in certain areas of the country, which we might begin to see as the season wraps up.
Related Stories
RealAg Radio host Shaun Haney joins us to discuss Canada’s advisory committee and the upcoming USMCA review and its potential impact on agriculture.
Silver fox rabbits, Belgian horses among those making a comeback
Processing slowdowns and invasive species add pressure during peak harvest
Product targets nutrient loss while supporting plant growth
Campustown Showdown Founder Christian Calliham shared a sneak peek, explaining how the upcoming Iowa stock show evolved from its sister event, the Aggieville Showdown in Kansas.
U.S. Secretary of Agriculture Brooke Rollins joined us to discuss fertilizer markets, domestic supply efforts, trade priorities, and ongoing policy work aimed at stabilizing costs for U.S. farmers.
