If the fall harvest price option is selected, will the revenue guarantee increase if the fall harvest price is greater than the projected harvest price?
Yes. If the producer purchases the RA fall harvest price option, the final revenue guarantee will be based on the fall harvest price if the fall harvest price is higher than the projected harvest price. Producers must choose the fall harvest price option by the sales closing date. The option is continuous unless canceled by the crop sales closing date. No additional premium is collected when the revenue guarantee is increased.
Related Questions
- If the fall harvest price option is selected, will the revenue guarantee increase if the fall harvest price is greater than the projected harvest price?
- What is the new price change limit between the projected harvest price and the fall harvest price?
- What are the benefits of the fall harvest price option?
