Goto:
Home
Crop Insurance
2005 Crop Insurance Payment Calculator
(Calculates insurance payments for alternative insurance products.)
Crop/County Input
Crop:
Corn
Soybeans
County:
Adams
Alexander
Bond
Boone
Brown
Bureau
Calhoun
Carroll
Cass
Champaign
Christian
Clark
Clay
Clinton
Coles
Cook
Crawford
Cumberland
DeKalb
De Witt
Douglas
Dupage
Edgar
Edwards
Effingham
Fayette
Ford
Franklin
Fulton
Gallatin
Greene
Grundy
Hamilton
Hancock
Hardin
Henderson
Henry
Iroquois
Jackson
Jasper
Jefferson
Jersey
Jo Daviess
Johnson
Kane
Kankakee
Kendall
Knox
Lake
La Salle
Lawrence
Lee
Livingston
Logan
McDonough
McHenry
McLean
Macon
Macoupin
Madison
Marion
Marshall
Mason
Massac
Menard
Mercer
Monroe
Montgomery
Morgan
Moultrie
Ogle
Peoria
Perry
Piatt
Pike
Pope
Pulaski
Putnam
Randolph
Richland
Rock Island
St Clair
Saline
Sangamon
Schuyler
Scott
Shelby
Stark
Stephenson
Tazewell
Union
Vermilion
Wabash
Warren
Washington
Wayne
White
Whiteside
Will
Williamson
Winnebago
Woodford
APH yield:
Actual Production History yield -- used to set guarantees
Protection level:
100
99
98
97
96
95
94
93
92
91
90
89
88
87
86
85
84
83
82
81
80
79
78
77
76
75
74
73
72
71
70
69
68
67
66
65
64
63
62
61
60
Percent of maximum protection level, Used to calculate GRP
and GRIP payments.
2005 Crop Insurance Parameters
APH price:
Price for calculating payments on yield shortfalls for yield products
Base price:
Set in February, sets guarantees on revenue products
Expected price:
Set last 5-days of February, sets guarantees on GRIP
Expected county yield:
Set guarantees on GRP and GRIP
Max protection level:
- GRP
Used in payment calculation on GRP
- GRIP
Used in payment calculation on GRIP
Yields and Harvest Prices
Actual farm yield:
Yield at harvest
Actual county yield:
Yield at harvest
Harvest price:
Basis:
Futures minus cash price
Cash price:
Harvest price minus basis
(Click off cell for calculations to occur)
Estimated insurance payments, $ per acre
**
Coverage
Level
APH
RA-BP
RA-HP
CRC
GRP
GRIP-NoHR
GRIP-HR
Crop revenue plus insurance payment, $ per acre **
Coverage
Level
APH
RA-BP
RA-HP
CRC
GRP
GRIP-NoHR
GRIP-HR
** Insurance products are as follows.
More information is provided
by clicking here.
APH -- Actual Production History insurance -- yield insurance
RA-BP -- Revenue Assurance with the base price option insurance -- revenue insurance without a guarantee
increase.
RA-BP -- Revenue Assurance with the harvest price option insurance -- revenue insurance with a guarantee
increase.
CRC -- Crop Revenue Coverage insurance -- revenue insurance with a guarantee increase.
GRP -- Group Risk Plan -- yield insurance at a county level.
GRIP-NoHR -- Group Risk Income Plan without the harvest revenue option -- revenue insurance without a
guarantee increase at a county level.
GRIP-HR -- Group Risk Income Plan without the harvest revenue option -- revenue insurance with a
guarantee increase at a county level.
The browser does not support JavaScript. The calculations created using
ExcelEverywhere
will not work. Please access the web page using another browser.