date:Dec 28, 2012
Per-bushel insurance coverage levels for Revenue Protection (RP) and Group Risk Income Plans (GRIP) will be set in early February, at which time Schnitkey says much of the downside risk will be determined.
Projected prices near $6.00 per bushel for corn and $12.50 per bushel for soybeans would result in guarantees at or above 2012 levels, again providing many farms with the opportunities to insure positive incomes by taking high levels of crop insurance, he says. Farms most at risk for low an