FARM BUSINESS NEWS
Projected Revenue Insurance Prices
Tue Feb 5, 2013 03:50 PM CST

OMAHA (DTN) -- The month of February is important for corn growers in the key Corn Belt states who purchase revenue-based crop insurance policies. It's when the projected price for those policies is set.

Revenue policies with harvest-price protection cover losses caused by a difference in the harvest price (determined in October) from the projected price (determined in February). They also cover revenue losses in the event prices tumble between planting and harvest, as they did for corn in 2008.

For producers in 31 states, the closing price of the December corn contract during each trading day of February is ...

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