Table 2: Purchased NAP Coverage Only use this table for noninsurable crops that were covered by NAP. Do not use for noninsurable crops that were in the “buy-in” or waived. |
Example: Oat Hay |
A Crop: |
B Crop: |
C Crop: |
|
Basic Data |
1 Acres |
180 |
|||
2 Share |
100% |
||||
3 Yield (APH) Enter county expected yield if there is zero APH. |
2.4 ton |
||||
4 Guarantee Adjustments Enter 100% if there are no adjustments for prevented planted, late planted or unharvested acreage. |
100% |
||||
5 Historical Marketing % (multiple marketed crops) |
n/a |
||||
6 Coverage Level |
50% |
||||
7 Price Election |
100% |
||||
8 Price |
$ 62.00 |
||||
9 Production to Count |
72 tons |
||||
10 2009 National Average Market Price |
$ 58.00 |
||||
SURE Crop Guarantee |
11 SURE Guarantee Calculation Basis multiply items 1 x 2 x 3 x 4 x 5 x 6 x 7 x 8 |
$ 13,392 |
|||
12 SURE Crop Guarantee Item 11 x 120% Total of 12A, 12B and 12C |
$ 16,070 |
||||
SURE Crop Revenue |
13 Expected Crop Revenue Items 1 x 2 x 3 x 8 Total of 13A, 13B and 13C |
$ 26,784 |
|||
14 Crop Value Items 2 x 9 x lesser of Item 8 or Item 10 Total of 14A, 14B and 14C |
$ 4,176 |
||||