Crop Insurance Tools
The 2022 iFarm Crop insurance Premium Calculator allows users to develop highly customized estimates of their crop insurance premiums, and compare revenue and yield guarantees across all available crop insurance products and elections for their actual farm case.
The 2022 iFarm Crop Insurance Payment Evaluator provides helpful information to producers comparing costs and risk reductions across their available crop insurance alternatives.
As an alternative to the executable tool you can download the spreadsheet here.
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View our Youtube Guide here.
As an alternative to the executable tool you can download the spreadsheet here.
As an alternative to the executable tool you can download the spreadsheet here.
The cover crop project seeks to provide farmers with a practical web-based decision support tool designed to help manage cover crops in their fields. The project makes use of existing research to demonstrate the potential for cover crops, as well as providing useful information for decision making and management of this practice. It will also seek to apply future research on cover crops as results are incorporated into updates and new iterations of the tool. This remains a work in progress with a goal towards adapting with the science.
The Case for a New Crop Insurance Product: Yield Protection with Harvest Price Option
This review of farmers’ crop insurance choices suggests offering another farm-level product: Yield Protection (YP) with the harvest price option (HPO). YP-HPO would value shortfalls in yield at the higher…
Decomposing Crop Revenue Insurance Indemnities into Type of Loss Covered
Individual farm crop revenue insurance covers losses from low yield, prevented planting, and low price. We assess the relative role of these three types of loss by examining the indemnities…
Margin Protection Revenue and Cost Components
Current high commodity prices and the current high-cost environment in 2023 brings new interest to the Margin Protection (MP) crop insurance product ahead of the 2023 MP decision deadline on…
The farmdoc Crop Insurance section offers iFARM online tools including the Premium Calculator, Payment Evaluator and Price Distribution Tool. These tools are updated annually during the Spring crop insurance election period.