About Jeff Calvert Crop Insurance Services
I am an independent insurance agent with over 20 years of experience writing only crop insurance. Products include the USDA's full line of multi-peril crop insurance, private products that enhance the USDA's offerings, and crop hail and wind insurance.
I pride myself in assessing exactly the right coverage for each individual. I can incorporate actual yield histories, expected costs, budgets, and marketing plans to reduce net farm income risk over a wide range of price/yield possibilities.
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Frequently Asked Questions
Please contact me if you cannot find an answer to your question.
As of February 27, the monthly average is running at $4.71 for corn, $10.55 for soybeans, and $3.51 for oats. The organic averages are $7.70 for corn, $20.69 for soybeans, and $6.71 for oats. There is only one more day of trading before final prices will be set. February 28 morning prices suggest all of the conventional prices will fall another cent and the organic prices will all fall another two cents.
The base price for 2025 conventional wheat is $6.06 and is $12.10 for certified organic wheat. If you plan to plant wheat this fall, give me a call or text and we can discuss your coverage options. Sales closing is September 30.
Corn's is April 10 and soybeans is April 15. If you plant before these dates, you are still eligible for a harvest loss, but you are not eligible for a replant loss. Your policy would allow for a replant payment of up to $37.60/acre for corn and $31.62/acre for soybeans.
ARC-county is a free farm program that you can sign up for at your local FSA office. You sign up by farm number and crop. Your choices are ARC-county, ARC-individual, and PLC. SCO is a supplemental coverage offered by your multi-peril crop insurance agent and is therefore signed up by crop in an entire county. Both ARC-county and SCO are based on county yields, but the price used to calculate the guaranteed revenue for the two products will be much different in 2022. There is a much more detailed discussion of ARC and SCO for 2022 the newsletter which can be downloaded below. Send me a question by clicking in the circle of the lower right side of the screen if you have problems.
Margin Protection is a county-wide policy which seeks to protect farmers from rising input costs and/or low yields and falling prices. The sales closing date for corn and soybean margin protection is September 30. More extensive details about Margin Protection can be found in my newsletter entitled 2023 Margin Protection which can be found below in the newsletter section.
Yes. For the best results, you should not forward contract more bushels than your RP policy guarantees and you should manage your deliveries to as close to the month of October as you can. For more information, download the file entitled "RP and Forward Contracts" below.
Jeff Calvert Crop Insurance Services
Box 128, Princeton, IL 61356
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