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August 1, 2017
Breakout Sessions
GMD#3)
http://agriculture.ks.gov/divisions-programs/dwr/managing-kansas-water-resources/local-enhanced-management-areas
Question
Would … formed
http://agriculture.ks.gov/divisions-programs/dwr/managing-kansas-water-resources/wca
Wichita … Kansas Geological Survey
USDA …
September 14, 2017
Crop Insurance Papers
1
Margin Protection: Crop Insurance Premiums and Credits
Monte Vandeveer (montev@ksu.edu)
Kansas State University Department of Agricultural Economics ‐ September 2017
A recent article here on AgManager.info discussed the basic operations of Margin Protection, a new
form of crop insurance coverage coming to Kansas for the 2018 corn and soybean crops. This article
takes a brief look at expected premium costs for Margin Protection, including the credits allowed for
also purchasing a traditional Revenue Protection (RP) or Yield Protection (YP) policy.
To review, Margin Protection, or MP, protects against an unexpected decline in “margin,” defined here
as crop revenue minus operating costs. So MP not only protects against a decline in crop price or yield
(as does the traditional RP coverage), but it also protects producers from an unexpected increase in
certain operating costs.
MP coverage does not use individual farm yields or producers’ own records of input costs. Instead, it is
an area‐based plan which uses county‐level estimates of yields and inputs used to calculate crop
revenue, operating costs, and the resulting margin. While it intends to reflect the general experience
of most producers in a county, it may not exactly match the results of any particular individual.
Producers should remember that they could experience a loss on their own farm and yet receive no
indemnity from MPR coverage.
MP coverage for 2018 corn and soybeans in Kansas actually begins in the fall of 2017. The Projected
Price discovery period for both crops and inputs runs from August 15 to September 14. The final or
Harvest Price discovery for the inputs diesel, urea, and diammonium phosphate then occurs in April
2018, and Harvest Prices for the crops and interest costs are determined over October 2018.
The Risk Management Agency has provided a wide range of resources on its website to explain MP
coverage. Links to fact sheets, policy documents, and other supporting information are available at
https://www.rma.usda.gov/policies/mp/.
In additi …
May 31, 2024
Livestock Insurance
agent. Find one at
https://www.rma.usda.gov/informationtools/agentlocator … “dual use option.” See the RMA or Texas A&M
fact sheets … based upon work supported by USDA/NIFA under Award Number 2021-70027-34694 …
August 12, 2014
Commodity Program Presentations
out our WEB page at
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Copyright … Farmers are paying AIPs/RMA to take a part of the farming … remaining 9 years.
3. If an AIP/RMA were willing to insure an …
November 4, 2014
Commodity Program Papers
information can be found at http://www.rma.usda.gov/policies/
This …
November 5, 2013
Risk Management Strategies
out our WEB page at
http://www.AgManager.info
24B Ag Consultants … above 2.20 LR are paid by RMARMA retains 90% or more of the … 2000 ARPA Act
Year Gross AIP RMA A&O1
2001 $2.46 211 36,729 …
February 2, 2024
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May 31st, 2025
https://www.agmanager.info/ag‐policy/kansas‐arcplc‐enrollment‐maps
Program Elections in KS
Chances of Payments in Oct. 2024 for 2023 Harvested Crops?
PLC … 8.40
*January WASDE estimatehttps://www.usda.gov/oce/commodity/wasde
Chances of Payments in Oct. 2024 for 2023 Harvested Crops?
ARC‐CO benchmark …
August 15, 2025
Water Policy
was funded in part by the U.S.D.A. A.R.S. Ogallala Aquifer … 2025-68012-44235 from the USDA National Institute
of Food … Department of Agriculture (ks.gov)
2 Source: https …
August 30, 2017
Crop Insurance Papers
1
Margin Protection Crop Insurance Coverage Comes to Kansas
Monte Vandeveer (montev@ksu.edu)
Kansas State University Department of Agricultural Economics ‐ August 2017
A new form of crop insurance coverage is coming to Kansas for the 2018 corn and soybean crops.
USDA’s Risk Management Agency approved an expansion of the Margin Protection plan of coverage for
several additional states, including Kansas. The “margin” being protected here is defined as crop
revenue minus operating costs. This means that MP intends to protect against not only a decline in
crop price or yield (same as current revenue coverage), but also from an increase in operating costs.
MP coverage is a pilot program that was first available in 2016 for corn and soybeans in Iowa, for
spring wheat in the northern Plains, and for rice in the Mississippi valley and Gulf Coast areas, plus a
few counties in California.
MP coverage is an area‐based plan which uses county‐level estimates of yields and input use to
calculate expected crop revenue, operating costs, and the resulting margin. It does not use individual
farm yields or input usage. While it intends to reflect the general experience of most producers in a
county, it may not exactly match the results of any particular individual.
Margin Protection insurance coverage for corn and soybeans actually begins in the fall prior to planting
the following spring. Specifically, the Projected Price Discovery Period for both crops and inputs runs
from August 15 to September 14, with the Sales Closing Date coming on September 30. Once the price
discovery period concludes on September 14, expected revenue, costs, and margin can be determined.
MP works by calculating an expected margin (= expected county yield x projected price – expected
costs) at sign‐up time and then calculating a “trigger margin” by subtracting a margin deductible from
the expected margin. A margin loss occurs when the harvest margin (= harvest price x final county
yield – harvest costs) falls below the trigger margin.
Margin Protection coverage ranges from 70% to 95% of the expected margin – or said another way,
deductibles go from 30% to 5%. These low deductibles are another feature of MP coverage which may
appeal to some producers. The deductible is calculated by multiplying the expected revenue by the
deductible percentage, and that amount is subtracted from the expected margin to get the trigger
margin.
For example, with an expected corn yield of 130 bushels per acre and an expected corn price of $4.00
per bushel, expected revenue is $4.00/bu x 130 bu/a = $520/a. Using the 95% coverage level, the
deductible is $520/a x 5% = $26/a. Assuming expected costs of $280/acre, the expected margin per
acre is $520 ‐ $280 = $240. Subtract the $26 deductible to get the trigger margin: $240 ‐ $26 = $214
per acre. An indemnity payment is made when the harvest margin falls below this trigger level.
Kansas State University Department Of Agricultural Economics Extension Publication …
June 11, 2025
Livestock Insurance
agent. Find one at
https://www.rma.usda.gov/tools-reports/agent-locator … “dual-use option.” See the RMA FAQs for more
information … based on work supported by USDA/NIFA under Award Number 2021-70027-34694 …