Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor
Mon Feb 8, 2016 05:13 PM CST

Crop insurance guarantees for 2016 won't offer much financial comfort, if preliminary prices for the first week of February are any indicator. Unless that scenario changes radically in the next few weeks, expect repercussions on how much operating credit lenders are willing to finance for the most stretched operations.

For about 80% of the country, federal crop insurance sets planting guarantees based on the monthly average of Dec corn and Nov soybean futures during the month of February. Spring wheat is calculated on the September contract average at Minneapolis.

Through February 5, those preliminary averages put corn at $3.92, soybeans ...

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