NEWS
Harvest Revenue Insurance Prices
Thu Oct 23, 2014 02:04 PM CDT

October is the month in which the harvest prices of corn and soybeans for revenue insurance purposes are determined for many states.

Running Average as of 10/23/14: $3.43 per bushel for corn and $9.46 per bushel for soybeans. Based on February averages, the planting guarantee was $4.62 per bushel for corn and $11.36 per bushel for soybeans. "At this time, corn's greater than 25% price drop could trigger payments for insured crops with near normal or below normal yields," said DTN Executive Editor Marcia Zarley Taylor.

Commodity Corn Beans
Avg $3.43 $9.46
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Underlying futures data:
Date Corn Beans
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