Rates:
MPCI rates change with the price each spring. With the spring price projected to be lower than the 2024 spring price of $4.66 for corn and $11.55 for soybeans, we anticipate the MPCI rates to be slightly less however, do not know for certain yet.
Hail/Wind rates:
There have been a lot of changes within NE this past year. So far, NAU and RCIS are making drastic changes to their wind/hail product offerings. Each are going to a 10% deductible for their wind products and reducing their production hail offerings. RCIS is removing their 115 and 120 production plan offerings. Rain and Hail and Great American are both offering their basic and comp 2+ wind this year.
-Call or email Bonnie, Kiley or Tami for all rates.
Quotes
If you know what your crop rotation is going to be, you can let us know at the office. We can then get your quotes ready for you to go over whenever you have time. While the spring price will not be set until the beginning of March, we will only be able to give a current price estimate.
Optional Top Half Products:
Optional unit top half coverage is available to lock in a price today for the upcoming growing season.
These plans are based upon a number of available policies in the coverage area. Some examples of these policies are:
Rev D, GAP, MPower D, APO, and RPO
If you would like to learn more or have questions, please reach out.
Mobile Apps for Growers:
If you would like access to your crop documents online, apps are available. Each company has a grower app that you can download onto your phone. Let us know if you would like to get set up.
Livestock Risk Protection:
Pricing has continued to stay high in the cattle market this past month.
Prices 1/30/25:
Feeder cattle wt class 1- ended at $298.13
Feeder cattle wt class 2- ended at $271.03
Heifers wt class 1- $271.03
Heifers wt class 2- $243.93
Unborn steers and heifers- $284.58
FSA Updates:
Economic Aid for producers for the 2024 crop year should be expecting payments on or before 3/21/25.
Disaster Aid payments
- These will be for the 2023 and 2024 crop year and similar to the ERP payments received in 2020 and 2022. They have not announced anything further that we have heard at this time.
Below is an informational tool to help with ARC vs PLC. Another thing to consider when making your decision is if you are going to elect ECO and/or SCO this year. You cannot elect ARC if you are electing ECO at FSA.
The 2025 Farm Bill What-If Tool - farmdoc daily
How to navigate the latest federal farm relief package
FSA is working to increase replant payments for the 2026 crop year.
There has been a lot of talk about what is going to happen with the new Farm Bill, etc. With all of the recent changes in the white house, a lot is uncertain at this time.
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