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| Figured out the calculations.
Example one of my enterprise mpci for 2023 75%. It's little bit more confusing with enterprise. For example, well what mine was 3 fields, acres total were 373.3/aph 241.53. So take 241.53 x .925=223.415 x acres(373.3)=83,400.82bu x that project price ($5.91 or 5.9113 on this application =$493,007.26 this is the sdrp liability. But I yield 82,912bu x 5.9113 =490,117.71. so 493,007.26- 490,117.71 = 2,889.55 + 2,794(insurance premium) + 60 fees=5,743.55 x .35= $2010.24 that I will get paid. Idk what the fee is about but thats what it showed when calculated my estimated payment.
For 2024 heres another example(mine) not enterprise 70%. 151.55ac with 241aph. So 241 x .9=216.9 x 151.55=32,871.2bu x 4.66(projected price)=153,179.79 is the sdrp liabilty price. But the field did 29788bu so 29788x4.66=138,812.08. 153,179.79 - 138,812.08= 14,367.71(total loss on the application). 14,367.71 + 1,438(insurance preium) + 60(fees)=15,865.71 x .35=$5553 as the payment. Hope this helps. | |
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Sdrp
