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Rob H. GRIP calculation ?
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casemanwcoh
Posted 8/14/2006 20:41 (#35787)
Subject: Rob H. GRIP calculation ?



Or any one else that knows how to figure payment on GRIP. I have GRIP coverage on both corn and beans and am trying to figure out what my payment might be. I had this figured out last spring, but have since lost my notes on it. On corn, our county ave. is 151.4, I took the max. on price, which is $588/ acre and took the 90% level. Looks like we are going to have lots of corn, but price is going to tank. Let's say our county ave. is 165 and the price ends up at $2.10. That's the board price because that's what they use for calculating is board price. Can you explain what and how you got to my payment in this case. BTW the cost was around $18 for this. Thanks
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