Last Updated: 11/17/2016


Margin Protection (MP) is a new crop insurance coverage option that provides producers with coverage against an unexpected decrease in their operating margin. The plan provides coverage that is based on an expected margin, which is the expected area revenue minus the expected area operating costs, for each applicable crop, type and practice. MP is area-based coverage and may not necessarily reflect a producer’s individual experience.

The price discovery periods for MP corn, soybeans and wheat begins August 15th. After that date daily prices will be shown at “Price Discovery.” These prices are used to develop the Margin projected price and Projected input prices for MP. Estimates of the Expected Margins and Premiums will be shown daily based upon the projected prices during price discovery.

The first price discovery period for rice begins December 15th. Rice will show estimates until rice price discovery begins. These estimates before price discovery are based on the previous month of prices.

MP is offered either as a stand-alone policy (as quoted above using current market data and simulations) or in conjunction with an individual buy up base policy. If a grower chooses to purchase both MP and a Yield Protection or Revenue Protection policy (plan codes 01, 02, 03), the premium for MP will be reduced. The amount of the reduction cannot be known definitively until all information needed to establish liability under the base policy is known. The premium displayed is the maximum amount of premium per acre that could be owed for MP given the estimated market values and assuming no individual policy is purchased.


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