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NW Indiana | The biggest thing to keep in mind imo is if you take 80% you are guaranteed 149.6 bushels but you have no protection on price. Say you sell all that for $5 or even just some of it but you don't end up producing anything and price goes to $8 you are going to owe the difference. With RP you would get paid in the fall on the $8 price and be able to pay your elevator the difference with those proceeds. | |
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Crop insurance RP versus YP
