Ag Talk | Agriculture.com
Reply
Contributor
Jared 1066
Posts: 9
Registered: ‎08-03-2010
0

CRC harvest price protection

[ Edited ]

Hey guys,

 

This year I got the harvest price protection option with my CRC policy.

My question is that with the rally we have had in the corn market lately, will my average price be going up? and how do they figure the fall price. do they use the CBOT price or cash at the elevator.

 

Example,

 

Dec corn is around $4.73 CBOT

Cash bid at the elevator is $4.30 for fall delivery

 

So would I get,

 

129 aph X $4.73 $610  Or   129 aph X 4.30 =$ 554

 

I am just  using these as an example I know the actual price will probably differ.

 

 

Thanks,

Jared

Subject Author Kudos Posted
This is a topic with new unread messages 0 ‎09-10-2010 09:04 AM
0 ‎09-10-2010 03:04 PM