2024 Crop Year (CY) Common Crop Insurance Policy and Area Risk Protection Insurance Projected Prices and Volatility Factors

The 2024 CY projected prices shown below are approved for the following plans of insurance: Yield Protection, Area Yield Protection, Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection with the Harvest Price Exclusion. The 2024 CY volatility factors shown below are approved for the following plans of insurance: Revenue Protection, Area Revenue Protection, Revenue Protection with Harvest Price Exclusion, and Area Revenue Protection with the Harvest Price Exclusion. Information is deemed reliable, not guaranteed, and subject to change.
Visit Source: USDA | RMA

Barley

States: TX & OK
Exchange: CBOT
Contract: July Corn
Proj. Price: $4.89
Vol. Factor OK: 0.17
Vol. Factor TX: 0.17
Harvest Price: $4.20

Canola

States: TX & OK
Exchange: ICE
Contract: July Canola
Proj. Price: $ 0.271
Volatility: 0.21
Harvest Price: $0.2030

Corn | TX

States: TX
Exchange: CBOT
Contract: Dec Corn
Proj. Price: $4.66
Vol. Factor: 0.18
Harvest Price: $4.11

Corn | OK

States: OK
Exchange: CBOT
Contract: Dec Corn
Proj. Price: $4.66
Vol. Factor: 0.18
Harvest Price: $4.11

Cotton | OK

States: OK Exchange: ICE
Contract: Dec. Cotton
Proj. Price: $0.83
Vol. Factor: 0.17
Harvest Price: $0.70

Cotton | TX

States: TX Exchange: ICE
Contract: Dec. Cotton
Proj. Price: $ 0.83
Vol. Factor: 0.16
Harvest Price: $0.72

Cotton Seed Endorsement

Cottonseed price OK: $0.1325
Cottonseed factor OK: 1.2480 factor
Cottonseed price TX: $ 0.1325
Cottonseed factor TX:  1.2890
Cotton seed price ELS (TX) $0.1325
Cottonseed factor ELS (TX): 1.2890

Grain Sorghum | OK

States: OK Exchange: CBOT
Contract: Dec. Corn
Proj. Price: $4.67
Vol. Factor: 0.19
Harvest Price: $4.17

Grain Sorghum | Texas

States: TX Exchange: CBOT
Contract: Dec. Corn
Proj. Price: $4.68
Vol. Factor: 0.18
Harvest Price: $4.12

Oats | OK & TX

States: OK & TX
Exchange: CBOT Winter & Spring
Contract: July Wheat
Proj. Price: $3.73
Vol. Factor: 0.23
Harvest Price: $3.38

Peanuts | Runners

States: OK, TX
Exchange: CBOT & ICE
Contract: December CTZ, ZLZ, ZMZ, ZWZ
Projected: $ 0.2703
Vol. Factor: 0.13
Harvest Price: $0.2619

Peanuts | Spanish

States: OK, TX
Exchange: CBOT & ICE
Contract: December CTZ, ZLZ, ZMZ, ZWZ
Projected: $ 0.4514
Vol. Factor: 0.13
Harvest Price: $0.4374

Peanuts | Valencia

States: OK, TX
Exchange: CBOT & ICE
Contract: December CTZ, ZLZ, ZMZ, ZWZ
Projected: $ 0.3054
Vol. Factor: 0.13
Harvest Price: $0.2960

Peanuts | Virginia

States: OK, TX
Exchange: CBOT & ICE
Contract: December CTZ, ZLZ, ZMZ, ZWZ
Projected: $ 0.3054
Vol. Factor: 0.13
Harvest Price: $0.2960

Rye | OK & TX

States: OK & TX
Exchange: CBOT
Contract: July Wheat
Proj. Price: $7.73
Vol. Factor: 0.23
Harvest Price: $7.01

Soybeans | OK

States: OK
Exchange: CBOT
Contract: Jan. 2023 Soybeans
Proj. Price: $ 11.64
Vol. Factor: 0.15
Harvest Price: $ 9.99

Soybeans | TX

States: TX
Exchange: CBOT
Contract: Nov. Soybeans
Proj. Price: $ 11.55
Vol. Factor: 0.15
Harvest Price: $10.03

Sunflowers | Oil

States: OK, TX
Exchange: CBOT
Contract: December Soybean Oil 2023
Sales Closing: March 15, 2024
Proj. Price: $
Vol. Factor:
Harvest Price: $ 0.226

Triticale | OK & TX

OK: $5.57/bu (aph)
TX: $5.57/bu (aph)

Wheat

States: OK & TX
Exchange: KCBOT
Contract: July Wheat
Proj. Price: $7.34
Vol. Factor: 0.21
Harvest Price: $6.27

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