Revenue Protection Calculator

This calculator mirrors how federal crop insurance Revenue Protection (RP) policies work, the most widely used corn and soybean coverage in the U.S. As USDA's Risk Management Agency (RMA), which administers the program, describes it, an RP policy insures producers against yield losses from natural causes and against revenue losses caused by a change in the harvest price from the projected price — and RMA's own plan description confirms the revenue guarantee is calculated by multiplying APH yield, coverage level, and whichever of the projected or harvest price is greater. Your guarantee price is the higher of the spring Projected Price or the fall Harvest Price — this "harvest price option" is RP's defining feature, protecting you against both a yield shortfall and a price rally, not just a price drop. The revenue guarantee per acre is your APH (Actual Production History) yield times your chosen coverage level (50-85%) times that guarantee price. Actual revenue is simply your actual yield times the harvest price.

Whenever the guarantee exceeds actual revenue, the shortfall — the indemnity — gets paid out; if actual revenue matches or beats the guarantee, the indemnity is zero. A key mixup to avoid: coverage level shrinks your protected yield, not your protected price, so a 75% coverage level means you're insured for 75% of your APH yield at the full guarantee price, not 75% of the price. The estimated premium here uses a flat 6.5% of the revenue guarantee as a rough stand-in — real RMA premiums vary substantially by county, crop type, coverage level, and enterprise vs. optional units, and can only come from an actual quote through a crop insurance agent. Treat the premium figure as a ballpark for comparing "what if" scenarios, not a number to budget against.