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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.
Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Catch the next monthly update September 16th for the corn and soybean outlook following release of USDA’s September Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.Read More