🌱 Breaking Down Dry Pea Insurance: How RMA Sets Projected & Harvest Prices (And What Happens When They Don’t!)
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🌱 Breaking Down Dry Pea Insurance: How RMA Sets Projected & Harvest Prices (And What Happens When They Don’t!)
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Ever wondered how the Risk Management Agency (RMA) determines Projected and Harvest Prices for dry peas—chickpeas, lentils, green and yellow peas? 🌱 In this episode, we’re pulling back the curtain on the pricing process, explaining how contract data is used to establish guarantees, and what happens when RMA can’t determine a price.
Join us as we break down:
✅ How Projected & Harvest Prices are set
✅ What happens when there’s not enough market data
✅ Why RMA sometimes forces a set price (and what that means for you)
✅ The waiver you’ll have to sign at sales closing
If you grow dry peas and want to ensure you have the right crop insurance coverage, this episode is a must-listen! 🎧 Stay informed, stay protected, and keep those crops covered. 🌾
Listen now and subscribe for more crop insurance insights!