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| Correct. If you have a revenue policy you have the harvest price option unless specifically op too not include. Don't know any agent worth anything that would write a policy without it. If your insured for 150 bu an acre and you raise 150 bu an acre and the fall price is 4 bucks you get 150x1.65 payment. Hopefully ou have a decent portion of the 150 contract for 5.70 or better then the insurance increases your net income. That's the way the plans are designed too work. Last year was a rare case where contracting ahead above the insurance floor did not work out. | |
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5.65 ins. guarantee and harvest option.
