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RMA Discovery site Friday is the date!!
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Forgottonian
Posted 2/26/2008 07:05 (#319674)
Subject: RMA Discovery site Friday is the date!!


This is the "official" site for all that Federal insurance price stuff.

http://www3.rma.usda.gov/apps/pricediscoveryweb/ActiveDiscoveryPeri...

It's clunky but has the accurate and up to date values. Given the money in the game this year "close" is not good enough! So use this site along with Univeristy of Illinois site to get accurate quotes and avoid fall sticker shock.

Choose "details" for the crop your researching. This will link through to the CRC, GRIP and RA prices. RA and GRIP Average Volitality" factors are displayed on this page. That is the information you need to calculate GRIP and RA coverage.

For CRC you need to click on "daily prices" on left column that will open a webpage that contains data necessary to quote CRC.

A rule of thumb: Each 0.1 change in CRC hi/lo factor results in about $2.30 change in farmer paid premium. Not exact but a good order of magnitude.

Forgottonian
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