March 2, 2021

2021 Crop Insurance Decisions

Purdue ag economists Michael Langemeier and James Mintert provided insight into decision making on crop insurance on March 1. The webinar reviewed corn and soybean crop insurance choices and provided producers with considerations for their 2021 options.

Crop insurance is an important aspect of nearly every corn and soybean farm’s risk management program. There are some new choices to consider this year, including the Enhanced Coverage Option (ECO). This webinar recording is a great opportunity for producers to review their crop insurance alternatives as the Purdue team walked participants through considerations for their 2021 choices.

Crop Insurance Tools discussed during the presentation can be found at https://farmdoc.illinois.edu/crop-insurance:

  • Premium Calculator
  • Payment Evaluator
  • Price Distribution
  • Decision Tool (spreadsheet)

The webinar recording and slides used during the webinar presentation are available for download below. A companion Purdue Commercial AgCast episode can also be found below or on any platform where you access your podcasts.

TAGS:

TEAM LINKS:

RELATED RESOURCES

Trends of Increasing Basis Continue Across the Eastern Corn Belt

April 17, 2025

Corn and soybean basis levels across the Eastern Corn Belt have strengthened for the second month in a row, with many locations now reporting a positive basis—especially at ethanol plants, soybean processors, and Ohio River terminals. Central Indiana and regional trends show basis levels outpacing historical averages, creating timely opportunities for improved grain marketing. Stay ahead of local trends with the Purdue Crop Basis Tool.

READ MORE

Changes in Corn and Soybean Profitability (Dec ’24 – Apr ’25)

April 17, 2025

Profitability expectations for corn and soybeans in Indiana have shifted sharply in recent months, driven primarily by changing crop prices and updated USDA yield estimates. Learn why soybeans continue to show a strong net return advantage—even as tariffs, market volatility, and evolving policy developments reshape the outlook—by diving into our month-by-month breakdown of budget projections from December through April.

READ MORE

2025 Indiana Farm Custom Rates

April 17, 2025

The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana during the last month of 2024 and the first three months of 2025. Respondents were asked to report custom rates they had either paid or received during the past year.

READ MORE

UPCOMING EVENTS

We are taking a short break, but please plan to join us at one of our future programs that is a little farther in the future.

Please subscribe to our YouTube channel, so you never miss any of our recordings in the future.