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Physical Address:
E. J. Iddings Agricultural Science Laboratory, Room 10
606 S Rayburn St

Mailing Address:
875 Perimeter Drive MS 2332 Moscow, ID 83844-2332

Phone: 208-885-7982

Fax: 208-885-9046

Email: calspubs@uidaho.edu

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Margin Protection Crop Insurance for Idaho Corn Growers

BUL1059

October 19, 2023

Margin protection is an area-based insurance plan that protects producers from a decline in operating margins due to high input costs, low county yield, low commodity prices or any combination. Before 2023, it was available mostly for midwestern farmers. However, in 2024 it will be available for Idaho corn growers. This bulletin discusses the policy’s basic concepts, including eligibility issues, purchase and payout timelines, expected revenues and costs, harvest and trigger margins, and more. Idaho corn farmers, seeking safeguards in the event of economic instability, will particularly appreciate the discussion involving a hypothetical scenario, complete with detailed tables, which fleshes out the policy’s intricate fundamentals.

Authors: Tyler Hand, Xiaoli Etienne

8 pages

Margin Protection Crop Insurance for Idaho Corn Growers

Contact

Physical Address:
E. J. Iddings Agricultural Science Laboratory, Room 10
606 S Rayburn St

Mailing Address:
875 Perimeter Drive MS 2332 Moscow, ID 83844-2332

Phone: 208-885-7982

Fax: 208-885-9046

Email: calspubs@uidaho.edu

Location