Ryan Benes

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Ryan Benes

Ryan Benes

@HawkeyeRy

I Love 4 things: My Family, the Hawkeyes, Golf, and Crop Insurance. https://t.co/sv3GKAtKyc

Iowa, USA Katılım Ağustos 2009
712 Takip Edilen1.5K Takipçiler
Morgan
Morgan@mopaksus·
Do a better job marketing. I’m 35% sold on wheat aph. It’s looking like I won’t harvest a bushel
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Ryan Benes
Ryan Benes@HawkeyeRy·
@Srm67 @mopaksus That or he pays the difference between contracted price and current price. Assuming the price now is better. Contract at $6. Price now (Harvest Price) is $6.75. Insurance pays $6.75. Pays grain buyer .75 cents. Gets the original $6. That’s why it’s low risk to contract ahead.
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midwestfarming
midwestfarming@Srm67·
@HawkeyeRy @mopaksus I would think If it was act of God, Force Majeure would apply to grain contracts. If it is wide spread and reasonably proven. ( most standard contracts) At least that is what happened in 2012.
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Ryan Benes
Ryan Benes@HawkeyeRy·
@flyinfarmer68 Good question - FSA is currently working on adding 30 million base acres. Sometime after that is done enrollment for 2026 crops will happen. Unusual that elections will happen so late, but it’s to the advantage of the savvy farmer.
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Ryan Benes
Ryan Benes@HawkeyeRy·
2026 is the year you find it how much your insurance agent understands ARC and PLC. It’s a unique year where we can make really educated decisions on the best programs. Choosing the wrong program could be a difference of $100/acre on Corn base. Get with someone who knows!
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Ryan Benes
Ryan Benes@HawkeyeRy·
@mvandeursen It’s yield data I have compiled from Insurance companies I work with. They share it with agents.
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Ryan Benes
Ryan Benes@HawkeyeRy·
Want to estimate your ‘25 ARC/PLC & ECO payments? Click here: …eagpaymentestimaterequest.netlify.app Estimates are based on a high % of farmer reported yields to Ins. Companies + WASDE est. MYA prices. Actual final yields for C/SB not released until June.
Ryan Benes@HawkeyeRy

Latest data I have indicates 61% of all Non-Irrigated Corn counties will have an ECO payment. Average payment will be about $31/acre, but lots of max payments. 50% of NI SBs ($18) 56% of NI Wheat acres ($15)

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Ryan Benes
Ryan Benes@HawkeyeRy·
@ChetEdinger Awesome - I hear your wheat needs a drink badly. Best of luck!
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Chet Edinger
Chet Edinger@ChetEdinger·
Sunflowers are all planted. Corn is all planted. Soybeans are all planted. Fertilizer is all put down. Soybean & sunflower pre’s all down Rain is in the forecast. I’m feeling pretty fortunate.
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Ryan Benes
Ryan Benes@HawkeyeRy·
@bwilke18 Wheat is out there as of yesterday. C/SBs are yields we have compiled from AIPs who are sharing the production they have collected. Not perfect, but it’s gonna be awful close.
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Ben Wilke
Ben Wilke@bwilke18·
@HawkeyeRy Where are you getting your yields at? AIB website isn't populating final 2025 yields for me at the moment
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Ryan Benes
Ryan Benes@HawkeyeRy·
Small grain county yields are out. If you purchased ECO or SCO on these crops in 2025 you may have a payment coming soon…
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Ryan Benes
Ryan Benes@HawkeyeRy·
@MattStenzel6 FYI - Fremont NI yield is 199. Essentially a max ECO payment. Soybeans were 67. Guessing there was some rust in your area.
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Matt Stenzel
Matt Stenzel@MattStenzel6·
@HawkeyeRy NASS data confirmed suspicions of lower yields here in SW Iowa, would be max ECO payment IF NASS=RMA, but I found the historical deviations pretty interesting. Outlier years of flood/drought, but even if it's 10 bushels that's a $40 difference in realized ECO pmt if RMA "misses"
Matt Stenzel tweet media
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Ryan Benes
Ryan Benes@HawkeyeRy·
Latest data I have indicates 61% of all Non-Irrigated Corn counties will have an ECO payment. Average payment will be about $31/acre, but lots of max payments. 50% of NI SBs ($18) 56% of NI Wheat acres ($15)
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Ryan Benes
Ryan Benes@HawkeyeRy·
@MattStenzel6 NASS gets worse as time goes on. I barely look at them anymore. I’ll shoot you the RMA estimate when I’m back in front of my computer.
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Ryan Benes
Ryan Benes@HawkeyeRy·
@MattStenzel6 Farmer reported insurance yields. Interested to see how close they are to finals starting with small grains this week.
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Ryan Benes
Ryan Benes@HawkeyeRy·
Yeah, that’s what I thought you meant. Can’t tell you exactly how it plays out, but it involves lots of pain before any positives. Corn market probably benefits the most down the line. Soybeans are already grown in better areas and the market is too global to have a major impact. Cotton might slowly disappear 🫠
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Shay Foulk
Shay Foulk@FoulkShay·
How would commodity crop production look different if the insurance companies decided they were not going to insure the highest historical payout areas/bottom 25% of their business this year? Good morning
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Ryan Benes
Ryan Benes@HawkeyeRy·
@W_Drehs I’m afraid this might be fake all the way around.
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