Know your crop insurance revenue floor before you make a single marketing decision. Uses USDA RMA 2026 projected prices.
Projected prices are set by USDA Risk Management Agency using the average of December futures for corn, November futures for soybeans, and July futures for wheat during February's discovery window.
| Commodity | 2026 Projected Price | Set | Futures Contract |
|---|---|---|---|
| Corn | $4.70/bu | February 2026 | CBOT Dec 2026 |
| Soybeans | $10.20/bu | February 2026 | CBOT Nov 2026 |
| Wheat (SRW) | $5.40/bu | February 2026 | CBOT Jul 2026 |
Harvest prices are set at the end of October using the same futures contract. GrainBrief will update these automatically when RMA publishes harvest prices.
Revenue Protection (RP) is the most common crop insurance product in the US, covering over 70% of insured acres. Unlike yield-only policies, RP pays a claim when revenue (yield × price) falls below your guarantee — from yield loss, price decline, or both.
| Guarantee Formula | Key Feature |
|---|---|
| Guarantee = APH × Coverage % × max(Projected Price, Harvest Price) | Uses the higher of the two prices — if harvest price rises above projected, your guarantee goes up |
| Claim paid when: Actual Revenue < Guarantee | Actual Revenue = Harvested Yield × Harvest Price |
| RP-HPE variant: uses projected price only | "Harvest Price Exclusion" — lower premium, no upside price adjustment |
Marketing strategy implication: With RP, aggressive forward contracting is safer than with yield-only policies because the insurance will pay on revenue shortfall even if yield is good but price falls. The guaranteed floor this calculator computes is your true marketing baseline.
| Situation | What to Do |
|---|---|
| Cash price today ≥ projected price | Consider selling 20–30% of expected production — you're selling above your insurance baseline |
| Cash price today < projected price | Your RP policy will use the higher projected price. Harvest price could still rise — evaluate carry vs. risk |
| Harvest price rises above projected | Your RP guarantee automatically steps up — you need lower actual yield to collect a claim |
| Harvest price collapses below projected | Your guarantee stays at projected price level — RP protects your revenue even on price-only drops |
GrainBrief tracks USDA RMA projected and harvest prices and alerts you the moment they're published — so you can recalculate your guarantee and adjust your marketing plan before the market moves on you.
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