Revenue Base Prices and APH (MPCI Bushel Plan) Market Prices

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Note: The following prices are based upon a March 15 cancellation date.

2005 Federal Crop Prices

Crop	Plan	Spring Price	Fall Price	How Prices Are Determined
Corn	APH	2.00	N/A	Determined by RMA/FCIC
Corn	CRC	2.32	2.02	Spring: Feb. Avg. of Dec. CBOT Futures Fall: Oct. Avg. of Dec. CBOT Futures
Corn	GRIP	2.38	1.93	Spring: Avg. of Last 5 Days of Feb. for Dec. Futures Fall: Nov. Avg. of Dec. CBOT Futures
Corn	RA	2.32	1.93	Spring: Feb. Avg. of Dec. CBOT Futures Fall: Nov. Avg. of Dec. CBOT Futures
Soybeans	APH	5.00	N/A	Determined by RMA/FCIC
Soybeans	CRC	5.53	5.75	Spring: Feb. Avg. of Nov. CBOT Futures Fall: Oct. Avg. of Nov. CBOT Futures
Soybeans	GRIP	5.99	5.75	Spring: Avg. of Last 5 Days of Feb. for Nov. Futures Fall: Oct. Avg. of Nov. CBOT Futures
Soybeans	RA	5.53	5.75	Spring: Feb. Avg. of Nov. CBOT Futures Fall: Oct. Avg. of Nov. CBOT Futures
Gr. Sorghum	APH	2.15	N/A	Determined by RMA/FCIC
Gr. Sorghum	CRC	2.15	1.87	Spring: Approx. 95% of CRC Corn Price Fall: Approx. 95% of CRC Corn Price