March 11, 2024
A Very Low Safety Net: 2024 Crop Insurance Guarantees
Each March, we review corn and soybean crop insurance prices and their budget implications. This year's update is a reminder of how quickly and abruptly conditions can change. In 2022, the soybean crop insurance price was $14.33 per bushel, a record high. 2023 prices resulted in a new high for projected corn revenue ($5.91 per…