Final Thoughts on 2026 Crop Insurance Decisions

Описание: Join University of Illinois agricultural economists Nick Paulson and Gary Schnitkey, along with host Todd Gleason, for their final thoughts and recommendations on 2026 crop insurance decisions ahead of the March 15th deadline.

With significant subsidy increases changing the landscape of crop insurance this year, the farmdoc team breaks down the numbers to help you maximize your risk protection and net benefits.

In this webinar, we cover:
• 2026 Price Discovery Results: Final projected prices (Corn: $4.62, Soybeans: $11.09) and volatility factors.
• Crop Insurance Changes: Higher subsidies for COMBO products, SCO, and ECO.
• SCO & ECO Strategies: Why the farmdoc team strongly recommends considering ECO-95% for 2026.
• The "Probability of Regret": Does it make sense to lower your underlying Revenue Protection (RP) coverage and replace it with SCO and ECO? We look at the net benefits, downside risk, and basis risk of this strategy.
• Viewer Q&A: Answering common questions about APH yields versus county yields, optional units, and more.

🔗 Resources Mentioned in this Video:
• Access the farmdoc Crop Insurance Payment Evaluator and Premium Calculator: https://farmdoc.illinois.edu/crop-ins...
• Read the latest agricultural analysis: https://farmdocdaily.illinois.edu/
Projected Prices and Volatility Factors for 2026: https://farmdocdaily.illinois.edu/202...

👥 Presenters:
• Nick Paulson, Agricultural Economist, University of Illinois
• Gary Schnitkey, Agricultural Economist, University of Illinois
• Todd Gleason, Farm Broadcaster, University of Illinois Extension

🤝 Thank You to Our Sponsors:
TIAA Center for Farmland Research, CoBank, Compeer Financial, Farm Credit Illinois, FS GROWMARK, Illinois Corn Growers Association, Illinois Soybean Association, and John Deere.

📚 Educational Partners:
Illinois FBFM, University of Illinois Extension, Department of Agricultural & Consumer Economics

(ACE), College of ACES, and the Gardner Agriculture Policy Program.

#CropInsurance #Agriculture #Farming #farmdoc #Corn #Soybeans #AgEconomics #riskmanagement

00:00 Introduction
01:20 Price Discovery Results
04:36 Crop Insurance Changes & SCO/ECO Questions
23:10 Net Benefits, Risk, and Probability of Regret
52:45 2026 Crop Insurance Decision Resources
58:52 Q&A
1:01:45 Conclusion