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
With the Farm Bill now in the Senate’s hands, industry groups say the stakes are high—and timely action could be critical for producers navigating a difficult economic environment.
Landowners interested in protecting working ground through an easement now have another funding window open until the end of May.
Tennessee corn and soy farmer Josh Ogle joins us to discuss rapid planting progress in the state, improving moisture conditions, and early crop development challenges in the MidSouth region.
Paul Neiffer joined us to explain how USDA’s base acre expansion will be calculated, outline key deadlines for farmers, and discuss how the changes tie into farm program decisions and the broader Farm Bill outlook.
Chad Fiechter joins us to discuss Purdue’s precision ag study, challenges in capturing value from technology, and what farmers should consider when investing in and adopting these tools.
Farm Bureau Economist Dr. Faith Parum discusses USDA’s efforts to expand fertilizer capacity, signals for farm profitability, and AFBF’s Farm Bill expectations.
