Home > News > University Experts Suggest Maintaining High Levels of Crop Insurance

Farmer walking through soybean field at sunsetWhile projected prices for 2022 crop insurance guarantees won’t be known until the end of February, currently projected prices sit at $5.70 for corn and $13.50 for soybeans. So long as yields maintain their 2021 levels and cash rent stays average, those factors put together look promising to presult in profitability for farmers. With losses possible for 2022 in a large swath of the United States due to weather conditions, University of Illinois and Ohio State University experts recommend producers maintain high levels of crop insurance, consider using supplemental policies and price more grain than usual.

Read more economic outlook, crop insurance recommendations and net returns for different revenue protection coverage levels here and find available products in your state.


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