Agr723 - 3/7/2024 14:03

Yeah, that's the problem....

In your spreadsheet above where you are looking for trigger yields on HPE, just divide the fall price into the guaranteed revenue. For instance
$422.19/$5 = 84.44 trigger yield for a claim. That trigger yield will continue to decline as the price increases. It will increase as the price goes lower, so if prices decline in the fall you get the increase in trigger yield like a typical RP policy.

Edit to add: In your spreadsheet the YP policy trigger yield should not ever change due to price. That policy covers bushels only and you are paid for a bushel loss at the spring price.