MPCI Revenue Protection (RP) Crop Insurance
Revenue Protection (RP) is the most common type of Multi-Peril Crop Insurance (MPCI) for corn and soybean growers. It protects you against loss of revenue caused by low yields, price drops, or both. You choose a coverage level (typically 70%–85%), and your revenue guarantee is based on your Actual Production History (APH) and the projected market price set before planting.
Example:
You insure 100 acres of corn with an APH of 180 bushels/acre at 80% coverage. The spring projected price is $5.00/bu, giving you a revenue guarantee of $720/acre. If drought reduces your yield to 120 bushels/acre and the harvest price falls to $4.50/bu, your revenue is $540/acre — triggering a payment of $180/acre to cover the shortfall.
RP helps stabilize your income and manage risk, no matter what the growing season throws your way.
Historical Spring and Harvest Revenue Guarantees
Corn
2026 Spring Price $4.62;
2025- Spring Price $4.70; Harvest Price $4.22
2024 - Spring price $4.66; Harvest price $4.16
2023 - Spring price $5.91; Harvest price $4.88
2022 - Spring price $5.90; Harvest price $6.86
2021 - Spring price $4.58; Harvest price $5.37
2020 - Spring price $3.88; Harvest price $3.99
2019 - Spring price $4.00; Harvest price $3.90
2018 - Spring price $3.96; Harvest price $3.68
2017 - Spring price $3.96; Harvest price $3.49
2016 - Spring price $3.86; Harvest price $3.49
2015 - Spring price $4.15; Harvest price $3.83
Soybeans
2026- Spring Price $11.09;
2025- Spring Price $10.54; Harvest Price $10.35
2024 - Spring price $11.55; Harvest price $10.03
2023 - Spring price $13.76; Harvest price $12.84
2022 - Spring price $14.33; Harvest price $13.81
2021 - Spring price $11.87; Harvest price $12.30
2020 - Spring price $9.17; Harvest price $10.54
2019 - Spring price $9.54; Harvest price $9.25
2018 - Spring price $10.16; Harvest price $8.60
2017 - Spring price $10.19; Harvest price $9.75
2016 - Spring price $8.85; Harvest price $9.75
2015 - Spring price $9.73; Harvest price $8.91