2024 Spring Prices

Corn $4.66

.19 volatility

DOWN -$1.25 (-21%) vs last year $5.91 spring price

Soybeans $11.55

.15 volatility

DOWN -$2.21 (-16%) vs last year $13.76 spring price

Crop Insurance Prices

  • MPCI Crop Insurance Prices - for RP (Revenue Protection) and YP (Yield Protection) plans

    • The YP (Yield Protection) plan only uses the spring projected price so you do not benefit from a higher or lower harvest price like you do under RP (revenue protection).

2023 Harvest Prices

Corn $4.88

DOWN -$1.03 (-17.4%) vs the $5.91 spring price

Soybeans $12.84

DOWN -$0.92 (-6.7%) vs the $13.76 spring price

LOWER Harvest Prices - CORN & SOYBEANS:

  • When the harvest price is LOWER than the spring price, under MPCI revenue protection, the yield at which you start to trigger a loss INCREASES to make up for the lower harvest price.

2023 Prices

2022 Harvest Prices

Corn $6.86

UP +$0.96 (16.3%) vs the $5.90 spring price

Soybeans $13.81

DOWN -$0.52 (-3.6%) vs the $14.33 spring price

HIGHER Harvest Price - CORN:

  • When the harvest price is HIGHER than the spring price, under MPCI revenue protection, the yield GUARANTEE stays the same, but IF your yield falls below your bushel guarantee, then you get paid the HIGHER harvest price for each bushel lost.

LOWER Harvest Price - SOYBEANS:

  • When the harvest price is LOWER than the spring price, under MPCI revenue protection, the yield at which you start to trigger a loss INCREASES to make up for the lower harvest price.

2024 Wheat Prices

* All prices shown above are for Nebraska - Prices may vary by state

Current Futures Prices & Cash Grain Bids

We find AgWest's quote board to be a good resource for viewing current commodity futures prices for agricultural commodities like corn, soybeans, wheat, cattle and hogs, as well as general commodities.

On AgWeb's site, if you enter your zip code it will show the cash bids and basis levels for the five elevators closest to you.

Want to Discuss or have Questions?

  • If you would like to discuss, get a quote or have questions, please contact us - call, text or email.

We specialize in crop insurance.

We value every client & are honored to serve farmers and landlords for their crop insurance needs!

Last Updated: 10-3-2023