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October insurance rally
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Tank2516
Posted 7/6/2018 13:43 (#6853973 - in reply to #6853944)
Subject: RE: October insurance rally


I do not know if we rally, but his 2$ a APH bushel is not even close. First of all if you have above average yields you will not even receive anything. Example: 50bu proven yield x .75% = 37.5x $10.16 =$381 guar/a. To get any payment you would have to get a yield somewhere below 45 bu/a. $381/$8.5=44.8 bushels. I used $ 8.50, because that was before today’s rally.

Edited by Tank2516 7/6/2018 13:43
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