Crop Revenue Coverage (CRC)

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WHAT IS THIS?
A Minimum yield guarantee +
a minimum revenue guarantee

• It protects your cash flow from a loss of bushels or a loss of revenue due to falling prices.
• You choose a level of your average yield, between 50% and 85% as your minimum yield guarantee.
• Based on CBOT futures market prices, CRC sets a Base Price in February, and a Harvest Price in October for soybeans, and in November for corn.
• CRC will protect your minimum yield at the higher of these two prices.
• No other insurance plan does this.
• With falling prices, you have more bushels protected.
• With rising prices, your revenue guarantee goes up, with no additional premium

Because CRC protects your guaranteed bushels at the higher of Base or Harvest price, it essentially provides REPLACEMENT value coverage. This allows you to forward price more grain when marketing opportunities are available between late winter and summer. CRC costs more, but does more than other coverage. Premium costs can be reduced by using basic or enterprise unit discounts. See your FCS crop insurance specialist for details.