Iowa 2016 Projected Prices:
Corn – $3.86
Volatility Factor – .17
Soybean – $8.85
Volatility Factor – .12
The 2016 CY projected prices are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection – Harvest Price Exclusion.
The 2016 CY volatility factors are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion and Area Revenue Protection – Harvest Price Exclusion.
The projected prices and volatility factors apply to policies with a March 15 Sales Closing Date, unless otherwise indicated and are applicable for all U.S. crops:
Click here for the complete March 1, 2016 FMA rate tables for all US crops and locations: 2016 Projected Prices.