Projected Corn and Soybean Prices for 2017 Crop Insurance March 3, 2017
Corn and soybean projected prices for the 2017 crop insurance year were recently released by the Risk Management Agency (RMA). The projected price for corn is $3.96 while the price for soybean is $10.19.
Crop Insurance Workshop to Focus on Risk Management Strategies October 20, 2016
Learn about managing your risk in the current ag climate at a Nov. 9 Nebraska Extension crop insurance workshop. Speakers will be from the University of Nebraska-Lincoln, Nebraska banking industry, agribusiness, and the Nebraska Department of Agriculture.
Nebraska Corn Production Risk by County Using Crop Insurance Data July 13, 2016
Farmers know that yield risks vary across the state; however, the ability to compare yield risk between counties is new. Using crop insurance premium calculation data, we can quantify the expected insurance payment (or indemnities) by evaluating the county crop insurance reference rate. A high reference rate value implies higher historical payments and consequently more production risk and a higher crop insurance premium. Lower reference rates imply lower risk and lower premiums. Risk varies widely from one end of the state to the other, highlighting the need to consider general recommendations broadly and customize decisions to your data and situation. County-level risk maps for irrigated and non-irrigated corn production in Nebraska are included.
Video: Crop Insurance Risk Management
How can you assess your risk of crop hail damage? What do you need to know when considering hail insurance coverage levels, policies, and endorsements? A Nebraska Extension crop insurance specialist outlines key steps in managing risk through crop insurance.
Infographic: Crop Insurance and Risk Management
Developing a good relationship with your crop insurance agent is important, especially when it comes to managing your hail risk. In this infographic, learn the three questions you should ask your insurance agent.