New Insurance Products

Multiple Price Discovery (MPD)

An opportunity to potentially get a higher base price for your corn or soybean polices with Multiple Price Discovery. (MPD)

– With MPD, you can use the higher of the average price from December or January instead of February

– The maximum limits are $.50 on corn and $1.00 on Soybeans.

– Eligible on Enterprise units only.

– If the average price in February is higher, you still receive the highest average price from the three trading months.

– If the harvest price is higher than the MPD price, you can still account for that on your MPCI policy.

 Example:

Corn growers in 2009 and 2010 could have improved their base price by thirty-two and thirty-six cents, with MPD.

For a 150 bushel guarantee, that figures about a $48-$54 additional protection per acre.

 

Sales closing for the MPD is January 1st!

Please contact your AgQuest Insurance Agent for eligibility and other qualifying details.

 

AgQuest offers “one-stop shopping” for all of your agricultural finance and insurance needs, including operating loans, real estate loans, machinery & equipment loans and leasing, a full line of ag insurance options such as crop insurance, precision farming and Livestock Gross Margin Insurance.

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