MPCI is the "original" form of federally reinsured crop insurance. You pick a level from 50% to 85% of your average yield, and MPCI guarantees that yield. If you have yield losses, you receive a set price per bushel.
MPCI covers replant costs and prevented planting situations also. Less expensive than CRC, MPCI is a good way to protect your cash flow or input costs against weather-related yield losses. |