Ryan Benes
1.9K posts

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

@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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@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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@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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@HawkeyeRy Hasn't the ship sailed on these decisions for '26?
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@mvandeursen It’s yield data I have compiled from Insurance companies I work with. They share it with agents.
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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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@ChetEdinger Awesome - I hear your wheat needs a drink badly.
Best of luck!
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@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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@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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@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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@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"

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@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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@MattStenzel6 @StandardGrain Thank you - I’ll be on Monday discussing this info.
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@HawkeyeRy appreciate all the info you put out and enjoy listening to you on @StandardGrain
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@MattStenzel6 Farmer reported insurance yields. Interested to see how close they are to finals starting with small grains this week.
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Translation: Whatever you have been paid from SDRP phases 1 & 2 so far you will get again. They call this phase 3.
SDRP phases 1 and 2 both extended to mid-August.
Agri-Pulse Communications@agripulse
USDA to provide second payment to farmers through disaster program agri-pulse.com/articles/24581… #agdisaster #USDA @USDA #BrookeRollins
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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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