ND REVENUE PROTECTION PRICES AS OF 9-1-2022
Projected Price | Harvest Price | |
Barley | $5.35 (.22) | $5.61 |
Spring Wheat | $9.19 (.23) | $8.95 |
Durum | $9.44 (.23) | $9.19 |
Reminders: Harvest prices are set according to the Commodity Exchange Price Provisions, not your local elevator price.
When Harvest Price is lower than Projected Price it will increase your trigger yield.
For example: If your Spring Wheat guarantee is 40 bu then your trigger yield is 41.2 bu.
$9.19/$8.95= 1.03 40 bu x 1.03 = 41.2 trigger yield
NOTE: ICE November Canola Futures being tracked this month and announced October 5th.
Have a safe and bountiful harvest!