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Economists Urge Farmers to Consider Adding ECO and SCO Crop Insurance Policies

Economists Urge Farmers to Consider Adding ECO and SCO Crop Insurance Policies

Economists at the University of Illinois say the scenarios they have run show strong benefits in a lot of cases for farmers to lower their individual Revenue Protection coverage but add on ECO and SCO policies. That works in a lot of cases, but not for everyone.

OMAHA (DTN) — With the March crop insurance deadline approaching, economists at the University of Illinois say farmers should take a hard look at adding...

"Economists Urge Farmers to Consider Adding ECO and SCO Crop Insurance Policies"
Crop Insurance Price Falls to $4.62 for Corn, Soybeans Bump Up to $11.09

Crop Insurance Price Falls to $4.62 for Corn, Soybeans Bump Up to $11.09

The spring projected price used for crop insurance revenue policies for the 2026-27 corn crop on Friday ended February at $4.62 a bushel. The soybean projected price came in at $11.09, up 55 cents from last year's price. Projected prices for spring wheat are $6.19 a bushel, which is down 36 cents from last year.

SAN ANTONIO (DTN) — Farmers will go into spring planting with a little weaker price protection for corn and spring wheat, but will see a...

"Crop Insurance Price Falls to $4.62 for Corn, Soybeans Bump Up to $11.09"
Five Things to Consider Before Adding SCO or ECO Coverage for 2026

Five Things to Consider Before Adding SCO or ECO Coverage for 2026

Congress and USDA's Risk Management Agency have made it more attractive to add SCO and ECO crop insurance for 2026. An agricultural economist at the University of Nebraska-Lincoln offered some things to consider when buying those plans.

OMAHA (DTN) — It’s early in the game for thinking about crop insurance policy options for 2026 spring crops, but March 16 will be coming...

"Five Things to Consider Before Adding SCO or ECO Coverage for 2026"

Weather

What DTN is Watching

Markets

The Energy Information Administration will release their weekly Petroleum Status report on Wednesday morning at 9:30 a.m. CDT. Later in the afternoon at 2 p.m. CDT, USDA will release their monthly Livestock, Dairy, and Poultry Outlook. Traders continue to keep an eye out for new developments in the war in the Middle East.

Weather

Widespread showers and thunderstorms continue across the Central U.S. on Wednesday as yet another system moves through. Though the risks for severe weather are not as great as earlier in the week, pockets of stronger thunderstorms continue to look likely from central Texas up through the Midwest, especially Wednesday afternoon and evening again. Areas of heavy rain may produce more flooding for areas that are consistently hit by thunderstorms, especially in the Great Lakes.

Farm Credit Rates

DTN Ag Interest Rate Snapshot
TODAY- LAST YEAR
as of:4/15/264/15/25
BENCHMARKS
Prime Rate6.758.25
30-Day Libor5.19
1-Year Libor5.91
10-Yr. Treasury4.273.73
CCC Loan Rate4.6255.750

Closing Market Comment