Many producers purchase revenue crop insurance, but aren’t sure how the guaran-tees fit with their marketing plan. Alan Hoehne of Stanton, Nebraska developed a spreadsheet for his Federal Crop Insurance that allows him to easily and quickly look at different price and yield scenarios. The spreadsheet tells him the income guarantee and bushel guarantee of both an up or down market in the fall, making forward pricing deci-sions for corn and soybeans easier to make. The spreadsheet even allows you to break it down by field.
Do you have a spreadsheet that’s made a difference on your operation that you’d be willing to share with other readers? Drop us a line at FarmFutures@farmprogress.com with a description of the spreadsheet. We’ll pay $75 if we feature your farmer-written non-commercial program as our Spreadsheet of the Month.
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