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New Mexico | out the fall price not being higher than the 5.65 ins spring floor this year.
if fall price is 6.65, the govt pays you $1 per bu. over the spring $5.65 price.
your risk price yield ins is basically a gross $$$ revenue ins per acre floor.
the harvest option is in the event the corn price is higher in the fall than the spring $5.65.
if higher they pay more per bu thus more gross revenue per acre.
Edited by Markwright 7/25/2013 22:56
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5.65 ins. guarantee and harvest option.
