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Crop insurance RP versus YP
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RCR
Posted 2/27/2021 23:19 (#8862743 - in reply to #8860915)
Subject: RE: Crop insurance RP versus YP


SW Ohio
This was the answer I was looking for.

157 guaranteed at 4.58. How much price reduction in cost over Rp?

Ive been stacking puts on old and new. Short dated, full dated. Old and new crop. If prices go to moon, I capture the up. We crash my puts get real value. I will sell calls if we look sideways. I care zero about price. I care to not price it, double floor and leave top open. Bushels protection. Maybe buy up spring price a tad. Production concern is my liability. Price is becoming less with put stacking. Saving money on insurance and getting what I need. Higher APH and I like Rp.
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