Crop Insurance for Soybeans: The Low Loss Ratio Concern
Some farmers have asked about using crop insurance on soybeans, indicating that they have not received crop insurance payments in a very long time and wondering if purchasing crop insurance…
Crop Insurance Premium in 2023
The 2023 Crop Insurance Decision Tool has been released and can be used to calculate premiums (click here for download). We used the 2022 and 2023 versions of the tool…
2022 Harvest Prices: Payments for 2022 and Indications for 2023 Projected Prices
Harvest prices for 2022 crop insurance products are $6.86 per bushel for corn and $13.81 for soybeans. Those harvest prices will generate few 2023 insurance payments across Illinois, and much…

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.