SE IA | Mcleodfarmer - 7/25/2013 21:18
example 180 aph x 80% x 5.65 =813.60 guarantee. Current dec futures 4.78 =170 bu payment trigger (813.6/4.78) vs the spring 144 bu (813.6/5.65). As of today's price any yield over 170 would not trigger a payment in this example
And then if the dec futures price is at $6.15/bushel (long shot at this point), your guarentee would be 144 x $6.15 = $885.60 per acre and you get an extra $72/Acre in Revenue assurance, for this example if the corn price is actually higher than the spring price at harvest. |
5.65 ins. guarantee and harvest option.
