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| When you have CRC, RA with the harvest price option, or GRIP with the harvest price option; if the price goes up from the spring to the fall you can capture that higher price and have your guarantee raised. If the price goes down, then your guarantee stays the same. Starting in 2011, CRC and RA-HPO will be combined into Revenue Protection and straight RA will be converted to Revenue Protection HPE (Harvest Price Exclusion). THe APH plan will be called Yield Protection in 2011. | |
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Crop Insurance Question - Is this simple math right?
