|
Crop
|
Plan
|
Spring Price
|
Fall Price
|
How Prices Are Determined
|
|
Corn
|
APH
|
2.00
|
N/A
|
Determined by RMA/FCIC
|
|
Corn
|
CRC
|
2.59
|
3.03
|
Spring: Feb. Avg. of Dec. CBOT Futures
Fall: Oct. Avg. of Dec. CBOT Futures
|
|
Corn
|
GRIP
|
2.59
|
3.03
|
New for
2006: Same as for CRC Corn
|
|
Corn
|
RA
|
2.59
|
3.56
|
Spring: Feb. Avg. of Dec. CBOT Futures
Fall: Nov. Avg. of Dec. CBOT Futures
|
|
Soybeans
|
APH
|
5.15
|
N/A
|
Determined by RMA/FCIC
|
|
Soybeans
|
CRC
|
6.18
|
5.93
|
Spring: Feb. Avg. of Nov. CBOT Futures
Fall: Oct. Avg. of Nov. CBOT Futures
|
|
Soybeans
|
GRIP
|
6.18
|
5.93
|
New for
2006: Same as for CRC Soybeans
|
|
Soybeans
|
RA
|
6.18
|
5.93
|
Spring: Feb. Avg. of Nov. CBOT Futures
Fall: Oct. Avg. of Nov. CBOT Futures
|
|
Gr. Sorghum
|
APH
|
1.95
|
N/A
|
Determined by RMA/FCIC
|
|
Gr. Sorghum
|
CRC
|
2.33
|
2.73
|
Spring: Approx. 90% of CRC Corn Price
Fall: Approx. 90% of CRC Corn Price
|