Revenue Protection crop insurance policies could pay indemnity for corn
“The spring price guarantee for RP insurance was $5.65 per bushel and the average price during October for December, 2013 corn futures was $4.39 per bushel—which is $1.26 per bushel less than the spring price,” Mark said. “The fall price is used to determine the fall guarantee for RP insurance policies and to calculate actual revenue.
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