The 2012 crop insurance harvest prices will be $7.50 per bushel for corn and $15.39 per bushel for soybeans (As of this writing, the Risk Management Agency has not officially released these prices). These harvest prices are considerably above projected prices, with increases begin large by historical standards. As illustrated below, Revenue Protection (RP) and Group Risk Income Plan with the Harvest Price option (GRIP-HR) insurance policies will make large payments under low yield scenarios. Continue reading at: http://farmdocdaily.illinois.edu/2012/11/2012_harvest_prices_for_corn_a.html