Multi-Peril Crop Insurance (MPCI) – provides protection against losses from a
number of uncontrollable 
causes. MPCI is the most popular insurance coverage
due to its flexibility in level and price.
Yield Protection (known as YP)
Fall Crops (Wheat, Barley, Canola)
Spring Crops (Corn, Grain Sorghum, Soybeans, Cotton, Sunflowers)
Insurance coverage that only provides protection against a production loss for crops for which revenue protection is available but was not elected.
The Yield Protection (YP) Guarantee will be determined by multiplying the production guarantee by the projected price. The projected price is also used to determine the premium, any replant payment or prevented planting payment, and to value the production to count. The harvest price is not used for the Yield Protection (YP) Plan of Coverage.
| Yield Protection (YP) - Price Format |
| |
Board of Trade |
Base Price |
Harvest Price |
States |
| Wheat |
Kansas City |
Average from
Aug 15 - Sept 14
July HRW Wheat
|
Average from
Aug 15 - Sept 14
July HRW Wheat
|
KS, NM, OK, TX |
| Barley |
Chicago |
Average from
Aug 15 - Sept 14
July Corn
|
Average from
Aug 15 - Sept 14
July Corn
|
CO, DE, GA, IL, IN, KS, KY, MD, MO, NC, NJ, NM, OH, OK, SC, TN, TX, WA |
| Canola |
New York Cotton Exchange |
Average from
July 15 - Aug 14
July Canola
|
Average from
July 15 - Aug 14
July Canola
|
OK |
| Grain Sorghum |
Chicago |
Average from
Feb. 1 - Feb 28
December Corn
|
Average from
Feb. 1 - Feb 28
December Corn
|
CO, DE, IA, IL, IN, KS, KY, MD, MN, MO, ND, NE, NM, NY, OH, OK, PA, SD, TN, TX, VA, WI |
| Soybeans |
Chicago |
Average from
Feb. 1 - Feb 28
January Soybeans
|
Average from
Feb. 1 - Feb 28
January Soybeans
|
DE, MD, OK, VA, WV |
| Confection Sunflowers |
Chicago |
Average from
Feb. 1 - Feb. 28 December Soybeans
|
Average from
Feb. 1 - Feb. 28 December Soybeans
|
CO, KS, MN, MT, ND, NE, OK, SD, TX, WY |
APH (Yield based coverage) -
Fall Crops (Oats, Rye)
Spring Crops (Sesame)
APH is the yield based coverage available for the crops listed above. This is insurance coverage that provides protection against a production loss only.
For sesame the price is set by contract with a processor. Each producer needs to have a contract with a processor before planting and Proof of Contract is required by Acerage Reporting Date.
Catastrophic (CAT) – Provides the minimum coverage amount on a MPCI policy. For a $300 fee, producers can buy a minimum insurance coverage based on 50% of the producing operation's average yield at 55% of the FCIC established prices.
Group Risk Plan (GRP) – Recommended for farmers whose yield history closely tracks the county or parish history because protection is based on the yield experience of the county rather than their individual farms.