NEWS
Harvest Price Guarantees
Thu Oct 31, 2013 02:36 PM CDT

OMAHA (DTN) -- Corn and soybean growers in 31 states who hold revenue-based crop insurance policies now know what harvest price they can compare to the spring-projected prices guaranteed by those policies.

An average of the futures closes during the month of October for the December corn contract and the November soybean contract becomes the harvest price. This year the corn harvest price is $4.39 and the soybean harvest price is $12.87. That compares to the spring-projected prices of $5.65 for corn and $12.87 for soybeans.

States with earlier harvests already had their harvest prices set.

Revenue policies cover losses ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments