ND Revenue Protection Harvest Prices

Sep 7, 2022 | Home Featured News, Insurance News

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!

 

 

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