Implied farmer-paid premiums for insurance coverage scenarios, selected county examples
| Illinois county | RP85 | RP80 + SCO | RP80 + SCO + ECO90 | RP80 + SCO + ECO95 | |
|---|---|---|---|---|---|
| Corn | Champaign | $21.54 | $14.41 | $22.45 | $36.16 |
| Monroe | $36.82 | $24.04 | $30.89 | $42.23 | |
| Soybean | Champaign | $19.02 | $13.51 | $20.38 | $32.14 |
| Monroe | $36.14 | $22.55 | $26.40 | $33.11 |
| Illinois county | RP85 | RP80 + SCO | RP80 + SCO | RP80 + SCO | |
|---|---|---|---|---|---|
| Corn | Champaign | $21.54 | $14.41 | $22.45 | $36.16 |
| Monroe | $36.82 | $24.04 | $30.89 | $42.23 | |
| Soybean | Champaign | $19.02 | $13.51 | $20.38 | $32.14 |
| Monroe | $36.14 | $22.55 | $26.40 | $33.11 |
Note(s): The implied farmer-paid premiums equal average indemnities less the premium subsidy. The representative farms have T-APH yields of 195 bu/acre for corn and 62 bu/acre for soybean (Champaign) and 158 bu/acre for corn and 45 bu/acre for soybean (Monroe)
Source(s): Table created by authors
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