Table 1:  Purchased Crop Insurance

Only use this table for insurable crops that were insured.  Do not use for insurable crops that were in the “buy-in” or waived.

Example:

Corn

A   Crop:

B   Crop:

C   Crop:

Basic Data

1    Acres

800

     

2    Share

100%

     

3    Yield (APH) Enter county expected yield if there is zero APH.

180 bu/ac

     

4    Guarantee Adjustments Enter 100% if there are no adjustments for prevented planted, late planted or unharvested acreage.

100%

     

5    Historical Marketing %  (only applies to multiple marketed crops)

n/a

     

6    Coverage Level

70%

     

7    Price Election

80%

     

8    Price

$    4.00

     

9    Production to Count

56,000 bu

     

10  2009 National Average Market Price

$    3.55

     

SURE Crop

Guarantee

11  SURE Guarantee Calculation Basis Enter RMA Guarantee or multiply items 1 x 2 x 3 x 4 x 5 x 6 x 7 x 8

$  322,560

     

12  SURE Crop Guarantee Item 11 x 115%  

Total of 12A, 12B and 12C

$  370,944

     

SURE Crop Revenue

13  Expected Crop Revenue  Item 11 divided by items 4 x 6 x 7       Total of 13A, 13B and 13C

$  576,000

     

14 Crop Value  Items 2 x 9 x 10

Total of 14A, 14B and 14C

$  198,800