Call us:
Protecting the future of your farm & ranch
Protecting the future of your farm & ranch
Commodity Insurance Agency is an independent crop insurance company, our main office is located in Dickinson, ND, operating in North Dakota, South Dakota and Montana & Nebraska.
CIA specializes in MPCI crop, Hail Insurance, Pasture/Hayland, Fire & Livestock insurance
We are dedicated to providing insurance for agriculture.
If you grow it, we can insure it!
Commodity Insurance Agency is an independent crop insurance company, our main office is located in Dickinson, ND, operating in North Dakota, South Dakota and Montana & Nebraska.
CIA specializes in MPCI crop, Hail Insurance, Pasture/Hayland, Fire & Livestock insurance
We are dedicated to providing insurance for agriculture.
If you grow it, we can insure it!
Revenue Protection Loss Examples
Revenue Protection Loss Examples
Example 1. Lower price, lower yield
February futures Spring Wheat price (spring price) $5.77
Average Yield - 36.7 bu/acre
Guarantee bu/acre 27.54/bu (36.7/bu APH x 75% coverage level)
Chosen coverage level 75%
Revenue guarantee $158.90 ($5.77 x 27.54/bu)
Harvest futures price $5.05
Actual yield =20/bu
Actual revenue ($5.05 x 20/bu) = $101
Indemnity payment $57.9/acre ($158.90-$101)
Example 2. Lower price, normal yield
February futures price $5.77
APH yield 36.7/bu
Guarantee- 27.54/bu
Chosen coverage level 75%
Revenue guarantee $158.90
Harvest futures price $5.05
Actual yield 30/bu
Actual revenue ($5.05 x 30/bu) =$151.50
Indemnity payment $7.40/acre (158.90-151.50)
2023 Crop Reminders
Download & Print PDF
2023 Crop Reminders
Download & Print PDF
Hours of Operation
Monday - Friday
8:00am - 5:00pm
CONNECT WITH US!
701-290-3990
701-290-3990
lavy@ciagencynd.com
lavy@ciagencynd.com