What is in this article?:
- Crop Insurance Harvest Prices in 2011
- Crop Reporting District Yields
Crop Reporting District Yields
Projected Crop Reporting District (CRD) yields for 2011 give indications of where farms are more likely to receive insurance payments. The 2011 projected yield is taken as a percent of the ten-year average to show the current year’s yield relative to historic yields. A lower percent indicate the more crop insurance payments likely will occur in that CRD.
For corn, four of the CRD’s 2011 yield is at or above the 10-year average (see Table 3): Northwest (107%), Northeast (103%), East Southeast (101%) and Southeast (100%). Four districts are in the 90% range: West (99%), Central (96%), west Southwest (99%) and Southwest (99%). The east CRD had a 2011 yield that is 85% of the 10-year average. Given its low relative yield, more farms likely will receive insurance payments in the East CRD.
For soybeans, the northern Illinois had yields significantly above the 10-year average: northwest (115%), northeast (118%) and west (109%). The central and southern portions of the state have 2011 yields relative to the 10-year average in the 90% range. The east CRD had the lowest relative yield of 92 percent (Table 3). The 92 percent is close to the trigger level for insurance payments (see Table 2). Again, insurance payments for soybeans are more likely for farms in the east CRD compared to CRDs with higher relative yields.
This post shows yields stated as a percent of APH yield below which insurance payments will be made in 2011 for corn and soybeans. The East CRD has the lowest relative yields. Insurance payments are most likely in this CRD.