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 (RP)
Insure against revenue loss due to an increase or decrease in yield and/or price with RP. The final revenue guarantee is based on the higher of the projected price or harvest price.
Revenue Protection with Harvest Price Exclusion (RP-HPE)
Insure against revenue loss due to a decrease in price and/or yield with RP-HPE. The final revenue guarantee is based only on the projected price, therefore providing no upside price protection.
Yield Protection (YP)
Protect yourself against production losses due to a decrease in yield with YP.
The above plans (RP, RP-HPE, and YP) use the Commodity Exchange Price Provisions (CEPP) to determine the prices. Eligible crops for these plans include: barley, canola/rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers, and wheat.
Actual Production History (APH)
Protect yourself against individual yield loss based on your individual APH. You can receive protection against many natural disasters, such as drought, frost, wind, and flood. 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 cherries and oranges are eligible for ARH.