|
| Coup, I agree concerning GRIP, especially with corn, and a county with a high ECY (expected county yield). Soybeans may not be quite as much of a "no-brainer", because a 5% decrease in level only means 1 1/2 to 2 1/2 bu in most cases.
As for RA, in many cases, due to high price and volatility factor, the premium difference between an 80 to 85 level may be close to the total additional dollars of coverage.
In Seward county NE, an 85% RA policy (110 aph) will cost about $23 per acre more than the 80% level, and protects about $33 more. The only reason I would choose 85% in this case is if I "knew" I was going to have a yield loss (on most units), or "knew" the market was going to be significantly lower this fall.
Attached is a U of IL farmdoc comparison. Of course these numbers don't reflect the price territory we are at now, but the trends should still be valid.
Just an opinion, good luck, Rob
Edited by robheyen 2/22/2008 15:08
Attachments
----------------
 farmdoc Polk IA CRN.pdf (121KB - 130 downloads)
| |
|
Yield v. Revenue insurance confusion
