date:Nov 02, 2012
hose bushels.
To illustrate how indemnity payments are determined, an example of Revenue Protection (RP) coverage for corn is featured.
2012 Revenue Protection (RP) Example:
A loss occurs when the bushels of corn produced for the unit fall below the production guarantee as a result of damage from a covered cause loss. This example assumes 175 bushels per acre APH yield, 75% coverage level, and basic unit coverage.
175 bushels per acre X .75 = 131.3-bushel guarantee*
100 bushels per acre act