Eliminating the Harvest Price Option in Revenue Protection Insurance

Despite the popularity of Revenue Protection (RP) insurance with the Harvest Price Option (HPO), there have been a number of recent legislative attempts to eliminate the HPO feature in revenue insurance. Rod Rejesus (Professor and Extension Specialist at NCSU) recently released a short brief discussing this issue. Please see the extension brief entitled  “How much indemnity would North Carolina farmers lose without the Harvest Price Option in Revenue Protection Insurance? A Retrospective Evaluation for North Carolina Corn, Soybeans, and Cotton.”

Link: https://cals.ncsu.edu/are-extension/wp-content/uploads/sites/27/2018/05/AgPolicy_RiskMgt_Brief_2018_05_22_HPOv2.pdf