Posted 9/11/2007 22:57 (#202332 - in reply to #202311) Subject: Re: Can someone help me figuring out crop insurance?
Brazilton KS
Use guaranteed bushels times the higher of he spring or fall prices to establish the guaranteed revenue. Use actual bushels times the fall price to determine actual revenue. The claim will be the difference between the guaranteed revenue and the actual revenue calculated above, assuming the actual is less then the guarantee.