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| It is 3.68 times you aph. My aph is190 times 3.68 which is 699 per acre. Multiple that by 85 percent and you get a 594 guarantee. If you field averages 200 price has to drop below 2.97 to get a check. On an operation that planted 400 acres of corn your premium would be 12000-15000. With your premium added into the equation the price would need to drop below 2.79 before you make money on crop insurance at 200 bu corn. I don't understand why everyone makes such a big deal ove crop insurance. I don't understand why your cropping decision was based on crop insurance either. | |
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Isn't the Oct insurance price the target?
