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S Illinois | No you may still have a insurance claim on a RP policy if the fall price is low enough. Take your dollar amount guarantee and subtract your yield time fall price. If this is less than your initial guarantee then insurance will pay that difference. Easier to look at it as a dollar guarantee per acre rather than a yield guarantee. Harvest option is only good when the fall price is higher than the spring price.
Edit: When I mentioned your yield times fall price, yield in this case is your actual yield this growing season.
Edited by w1891 7/25/2013 22:24
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5.65 ins. guarantee and harvest option.
