An insurance payment calculator has been developed and is available under the 2005 iFarm Insurance Payment Calculator link in the crop insurance section of farmdoc (http://www.farmdoc.uiuc.edu/cropins). A user of this program enters the crop, county, and Actual Production History (APH) yield for the situation of interest. Then, insurance payments are generated for user-specified yields and harvest prices. The calculator was developed to help farmers determine likely payments because of drought conditions on some Illinois farms.
This tool can be found in the Crop Insurance section of farmdoc at: