Crop Insurance

Parent

Revenue Protection

Revenue Protection (RP) and Revenue Protection with Harvest Price Exclusion (RP-HPE) are multi-peril crop insurance products from Farm Credit Mid-America that are based on Commodity Exchange Price Provisions. Both protect against production loss, as well as price decline and/or increase. 

Benefits of RP and RP-HPE
  • Protection against revenue loss caused by low yields and/or low prices
  • Flexible and efficient management tool for crop farmers
  • Harvest price limited to 200 percent of projected price 
  • Coverage available on basic, optional, enterprise and whole farm units 
How RP and RP-HPE Work
  • Establish a guaranteed revenue per acre minimum
  • May select coverage with harvest price exclusion
  • For the loss guarantee, RP uses the greater of projected price or harvest price; RP-HPE uses only the projected price
  • If the revenue to count is less than the final revenue guarantee, an indemnity is paid
Premium Information 
Premiums are established using the projected price. Your Revenue Protection guarantee may increase due to higher harvest prices. The premium will not increase, even if your final Revenue Protection guarantee, which is determined at harvest, is higher than your minimum.
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