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- W2915869076 abstract "At the end of February, RMA established Projected Prices for crop insurance contract for corn of $4.15 and for soybeans of $9.73 for insured production in 2015. The Projected Prices serve as the minimum indemnification prices for most of the insurance contracts sold, but for many insurance contracts, can be supplanted by a Harvest Price if prices during the month of October average higher levels than the PP. During 2015 to date, generally favorable early season growing conditions resulted in increasing expectations about the levels of production which in turn have led to declining prices. During July, a period of greater uncertainty about production potential and some signals on the demand side support prices and both corn and soybeans moved above projected prices, but then fell below again as market understanding of supply potential and demand dampened price expectations. The USDA’s first release of aggregate yield estimates in early August further confirmed information in the market and further impacted estimates of prices possible for harvest." @default.
- W2915869076 created "2019-03-02" @default.
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- W2915869076 date "2015-08-20" @default.
- W2915869076 modified "2023-09-26" @default.
- W2915869076 title "Updated Expected Price Distributions for Corn and Soybeans in 2015" @default.
- W2915869076 doi "https://doi.org/10.22004/ag.econ.283185" @default.
- W2915869076 hasPublicationYear "2015" @default.
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