We are half way through February, indicating that the settlement period for determining crop insurance parameters is half over. As of February 13th, the projected price and volatilities for corn and soybean for states with March 15th crop insurance closings are:
- Corn: $6.04 projected price, .28 volatility
- Soybeans: $13.74 projected price, .22 volatility
Maps below show RP farmer-paid premiums using the above parameters for Illinois given enterprise units. More detailed crop insurance premium quotes are available from the crop insurance section of farmdoc.
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