REVENUE PROTECTION WITH HARVEST PRICE EXCLUSION

RP HPE is similar to RP, however RP HPE coverage provides protection against loss of revenue caused by price decrease, low yields or a combination of both. Unlike RP, the revenue protection guarantee for RP HPE is based on the projected price only and it does not increase based on a harvest price. Crops covered under this plan include barley (includes malting type), canola/ rapeseed, corn, cotton, grain sorghum, rice, soybeans, sunflowers, and wheat.

The production to count x harvest price is less than the revenue protection guarantee x insured acres.

  • Basic
  • Optional
  • Enterprise
  • Whole-farm

Projected Price and Harvest Price defined by CEPP

Harvest Price not to exceed Projected Price x 2.00 – (except for corn silage and rapeseed for which the harvest price = projected price)

  • 50%
  • 55%
  • 60%
  • 65%
  • 70%
  • 75%
  • 80%
  • 85%

Revenue Protection guarantee = APH approved yield x coverage level x greater of projected price or harvest price

Available

Applicable

Applicable

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