Crop insurance options for winter wheat

Use of a crop insurance product with the harvest price option seems prudent, meaning that many producers will choose RP or GRIP-HR, says U of I's Gary Schnitkey.

Compiled by staff

Published: Sep 25, 2012

Changes in wheat insurance in 2013 are as follows: 1) the Trend Adjustment (TA) yield endorsement will be available for wheat in some counties in 2013, 2) projected prices are higher in 2013 compared to 2012, 3) volatilities are lower in 2013 compared to 2012, and 4) wheat premiums differ in 2013 as compared to 2012. After discussing these changes, suggestions for 2013 are given.

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