The urgent need for this campaign stems from many changes in producers business environment. This publication describes Multi Peril Crop Insurance, Catastrophic Insurance, Group Risk Plan, Crop Revenue Insurance, and Supplemental Coverage. This booklet is intended to introduce farmers of grains and oilseeds to a number of risk management topics and tools. They are facing an agricultural economy that is radically different from that which existed just a few years ago, and current market prices are discouraging for most of the major commodities. Our goal is to equip and encourage you to deliver risk management education to producers.
Put options are a pricing tool with considerable flexibility for managing price risk.
This publication discusses how put options work, how to use them, and some put option basics. Revenue insurance guarantees certain levels of revenue rather than just production. It protects you from declines in both crop prices and yields. The guarantee is based on market prices and the actual yield on your farm.