nc ks | CRJ, I just went back and read your first post and i think you are getting confused and thinking that if your harvest price rises then you are not guaranteed as many bushels.
You said:
"Revenue guarantee is set in the spring, I dont believe it goes up or down with price changes. The higher the fall price the lower your yield can be before you collect. If you had a lower fall price than spring price there can be a revenue loss without a yield reduction but when the price rises the opposite happens and you then have to have lower yields to collect. Your yield guarantee will never go down, period.
Your revenue guarantee can go up or your bushel guarantee can go up. There is no DOWN involved at all. Enough said. |
Crop Insurance Question - Is this simple math right?
