DISCLAIMER: This decision aid is for educational purposes only and may not reflect actual indemnity payments.

NOTE: All input prices, except for Potash, used in the setting of margin guarantees and margin losses are based on futures contracts from CME. The potash price comes from the static price published by the USDA-AMS Illinois Production Cost Report. The futures contract for DAP is the DAP FOB NOLA futures contract (DFN). The futures contract used for Urea is the Urea (Granular) FOB US Gulf futures contract (UFV). The futures contract for Diesel is the NY Harbor Ultra Low Sulfur Diesel futures contract, or Heating Oil futures (HO). The futures contract for the interest rate is the 30-Day Fed Funds futures (ZQ). Additionally, the commodity futures price used for each crop is the harvest-month futures contract. The harvest-month contract for corn, soybeans, spring wheat, and rice is December Corn (ZCZ), November Soybeans (ZSX), Hard Red Spring Wheat (MGEX: MWU) , and, November Rough Rice (ZRX) , respectively. If you would like to visit the links provided without leaving the payment estimator, right click on a link and choose to open the link in a new window or tab.

FACT SHEET: Click here for a fact sheet providing examples of how Margin Protection indemnitites are triggered.