MPCI Insured:

The 2020 final harvest prices for corn, soybeans, and sunflowers were announced.  The spring price and fall harvest price for these crops are as follows:

Corn, soybeans, and sunflower fall prices were higher than the spring price; therefore those of you with Revenue Protection will receive the higher fall price in the event of a loss. You will need to come in below your original bushel guarantee to trigger a loss.

Example:

Soybean APH = 40 bu./Acre

Coverage Level = 75%

Guaranteed bu./Acre = 30 bu.

Spring Rev. Guarantee =  $275 (26 x $9.17)

Fall Rev. Guarantee      =  $317 (26*$10.55)

**Due to a increase fall the above guarantee increased by $42/acre

                If you harvested 25 bushels per acre your indemnity would be 5 bu. x $10.55 = $53/Acre

If you are not sure of your APH, please give us a call at 218-935-2700 and we will help determine if you are in a loss situation.