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    Crop Insurance News and Analysis – December 2, 2019 – Harvest Prices

    December 2, 2019 By //  by Kim Arrigo

    On December 2, 2019, the Risk Management Agency (RMA) issued Product Management Bulletin: PM-19-072 announcing the 2019 Common Crop Insurance Policy and Area Risk Protection Insurance harvest prices for certain crops and states. https://www.rma.usda.gov/en/Policy-and-Procedure/Bulletins-and-Memos/2019/PM-19-072.

    ANALYSIS – For the crops and states contained in PM-19-072:

    For corn in Idaho, Michigan, Oregon and Washington the price decreased from $4.00 a bushel to $3.74 a bushel. Organic corn prices decreased from $9.22 a bushel to $8.62 a bushel.

    For cotton in Kansas, New Mexico and Oklahoma, the price decreased from $.73 a pound to $.64 a pound and for organic, $1.15 a pound to $1.06 a pound.

    For soybeans in Alabama, Florida, Georgia, North Carolina & South Carolina the price decreased from $9.65 a bushel on February 15, 2019 to $9.12. For organic soybeans, the price decreased from $19.27 a bushel to $18.21 a bushel. For soybeans in Delaware, Maryland, Oklahoma, Virginia & West Virginia the price increased from $8.83 a bushel to $9.12 a bushels and organic increased from $17.81 a bushel to $18.21 a bushel.

    The price of popcorn in Michigan decreased from $.1720 a pound to $.1608 a pound and organic decreased from $.2476 a pound to $.2315 a pound.

    All statements made are opinions of the author and are not intended to provide legal opinions or legal advice.

    Filed Under: Blog

    Previous Post: « Crop Insurance News and Analysis – November 29, 2019 – Sugar Beet Crop Provisions
    Next Post: Crop Insurance News and Analysis – December 5, 2019 – Top Up Prevented Planting Payments »

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