|
Crop
|
Plan
|
Spring Price
|
Fall Price
|
How Prices Are Determined
(Discovery Periods)
|
|
Corn
|
APH
|
4.75
|
N/A
|
Determined by RMA/FCIC
|
|
Corn
|
CRC
|
5.40
|
|
Spring: Feb. Avg. of Dec. CBOT Futures
Fall: Oct. Avg. of Dec. CBOT Futures
|
|
Corn
|
GRIP
|
5.40
|
|
Same as
for CRC Corn
|
|
Corn
|
RA
|
5.40
|
|
Spring: Feb. Avg. of Dec. CBOT Futures
Fall: Nov. Avg. of Dec. CBOT Futures
|
|
Soybeans
|
APH
|
11.50
|
N/A
|
Determined by RMA/FCIC
|
|
Soybeans
|
CRC
|
13.36
|
|
Spring: Feb. Avg. of Nov. CBOT Futures
Fall: Oct. Avg. of Nov. CBOT Futures
|
|
Soybeans
|
GRIP
|
13.36
|
|
Same as
for CRC Soybeans
|
|
Soybeans
|
RA
|
13.36
|
|
Spring: Feb. Avg. of Nov. CBOT Futures
Fall: Oct. Avg. of Nov. CBOT Futures
|
|
Gr. Sorghum
|
APH
|
4.45
|
N/A
|
Determined by RMA/FCIC
|
|
Gr. Sorghum
|
CRC
|
5.06
|
|
Spring: Approx. 94.5% of CRC Corn Price
Fall: Approx. 94.5% of CRC Corn Price
|