What Have Prices Done Historically?

Over the past decade, market prices have been subject to fluctuations influenced by factors such as droughts, excessive moisture, international conflicts, supply and demand imbalances, and other uncertainties. These volatility factors have played a crucial role in determining the final cost per acre of coverage.

The charts and graphs below illustrate the trends in projected prices versus harvest prices in Ohio over the past decade. It’s important to recognize that these figures may vary for states outside of Ohio, depending on when the projected and harvest price discovery period is for your state.

Corn

Soybeans

Wheat

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The licensed agents of Lund & Smith Insurance Services have been selling Federal Crop Insurance and other crop insurance-related products since 1991. Our goal is to help our clients evaluate their crop insurance needs and customize their coverage to provide the best coverage for each operation.

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