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Open in new window 2017 Crop Insurance Premiums and 2016 Insurance Use in Illinois

Gary Schnitkey ( December, 2016 )

Summary

In this article, Revenue Protection (RP) premiums projected for 2017 are compared to 2016 actual premiums. For the same projected prices and volatilities, premiums will be lower in 2017 for both corn and soybeans. In 2016, farmer continued to use crop insurance on a high percentage acres and continued to increase use of high coverage levels. Overall, crop insurance in 2017 likely will be similar to that in 2016.


Details

Organization farmdoc
Publisher University of Illinois
Publication Date December, 2016
Publication Views 1054
Material Type Written Material

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