Individual Plans

Individual Plans

Individual Plans are based upon an individual yield loss and, in some plans, a decline in price due to a wide range of perils.

Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Yield Protection use the Commodity Exchange Price Provisions (CEPP) to determine the prices. Eligible crops for these plans include barley, canola/rapeseed, corn, cotton, dry beans*, dry peas*, flax, grain sorghum, oats, peanuts, popcorn**, rice, rye, soybeans, sunflowers, weaned calf, and wheat.

*Prices are set based on the dry bean and dry pea revenue endorsements.
**Prices are set by applying a factor to the corn price determined in accordance with the CEPP.

 

Revenue Protection (RP)

Insure against revenue loss due to a decrease in yield and/or price with RP. The final revenue guarantee is based on the higher of the projected price or harvest price, therefore providing upside price protection.

 

Revenue Protection with Harvest Price Exclusion (RP-HPE)

Insure against revenue loss due to a decrease in yield and/or price with RP-HPE. The final revenue guarantee is based only on the projected price, therefore providing no upside price protection. However, production to count will be valued at the harvest price in the event of a claim.

Yield Protection (YP)

Protect yourself against production losses due to a decrease in yield.

 

 

Actual Production History (APH)

Protect yourself against individual yield loss based on your individual APH. APH differs from Yield Protection in that the RMA sets the price elections.

 

Actual Revenue History (ARH)

Insure against losses due to low yields, low prices, or a combination of both, based on your individual ARH. Only oranges and cherries are eligible for ARH.