Ryan Benes

I Love 4 things: My Family, the Hawkeyes, Golf, and Crop Insurance.

[Ryan Benes @HawkeyeRy]

@Srm67 @mopaksus What’s the typical fee?

[Ryan Benes @HawkeyeRy]

@Srm67 @mopaksus That or he pays the difference between contracted price and current price. Assuming the price now is better.

Contract at $6. Price now (Harvest Price) is $6.75. Insurance pays $6.75. Pays grain buyer .75 cents.

Gets the original $6.

That’s why it’s low risk to contract ahead.

[Ryan Benes @HawkeyeRy]

@flyinfarmer68 Good question - FSA is currently working on adding 30 million base acres. Sometime after that is done enrollment for 2026 crops will happen. Unusual that elections will happen so late, but it’s to the advantage of the savvy farmer.

[Ryan Benes @HawkeyeRy]

2026 is the year you find it how much your insurance agent understands ARC and PLC.

It’s a unique year where we can make really educated decisions on the best programs.

Choosing the wrong program could be a difference of $100/acre on Corn base.

Get with someone who knows!

[Ryan Benes @HawkeyeRy]

@mvandeursen It’s yield data I have compiled from Insurance companies I work with. They share it with agents.

[Ryan Benes @HawkeyeRy]

Want to estimate your ‘25 ARC/PLC & ECO payments? Click here: https://t.co/mY1yE9iOnP

Estimates are based on a high % of farmer reported yields to Ins. Companies + WASDE est. MYA prices.

Actual final yields for C/SB not released until June.

[Ryan Benes @HawkeyeRy]

Latest data I have indicates 61% of all Non-Irrigated Corn counties will have an ECO payment. Average payment will be about $31/acre, but lots of max payments.

50% of NI SBs ($18)

56% of NI Wheat acres ($15)

[Ryan Benes @HawkeyeRy]

@ChetEdinger Awesome - I hear your wheat needs a drink badly.

Best of luck!

[Ryan Benes @HawkeyeRy]

@bwilke18 Wheat is out there as of yesterday. C/SBs are yields we have compiled from AIPs who are sharing the production they have collected. Not perfect, but it’s gonna be awful close.

[Ryan Benes @HawkeyeRy]

Small grain county yields are out. If you purchased ECO or SCO on these crops in 2025 you may have a payment coming soon…

[Ryan Benes @HawkeyeRy]

@MattStenzel6 FYI - Fremont NI yield is 199. Essentially a max ECO payment. Soybeans were 67. Guessing there was some rust in your area.

[Ryan Benes @HawkeyeRy]

Latest data I have indicates 61% of all Non-Irrigated Corn counties will have an ECO payment. Average payment will be about $31/acre, but lots of max payments.

50% of NI SBs ($18)

56% of NI Wheat acres ($15)

[Ryan Benes @HawkeyeRy]

@MattStenzel6 NASS gets worse as time goes on. I barely look at them anymore. I’ll shoot you the RMA estimate when I’m back in front of my computer.

[Ryan Benes @HawkeyeRy]

@MattStenzel6 @StandardGrain Thank you - I’ll be on Monday discussing this info.

[Ryan Benes @HawkeyeRy]

@MattStenzel6 Farmer reported insurance yields. Interested to see how close they are to finals starting with small grains this week.

[Ryan Benes @HawkeyeRy]

@FoulkShay This is hilarious 😂

[Ryan Benes @HawkeyeRy]

Translation: Whatever you have been paid from SDRP phases 1 & 2 so far you will get again. They call this phase 3.

SDRP phases 1 and 2 both extended to mid-August.

[Agri-Pulse Communications @agripulse]

USDA to provide second payment to farmers through disaster program https://t.co/B8rGpLhBCF

#agdisaster #USDA @USDA #BrookeRollins

[Ryan Benes @HawkeyeRy]

Yeah, that’s what I thought you meant.

Can’t tell you exactly how it plays out, but it involves lots of pain before any positives.

Corn market probably benefits the most down the line.

Soybeans are already grown in better areas and the market is too global to have a major impact.

Cotton might slowly disappear 🫠

[Ryan Benes @HawkeyeRy]

@W_Drehs I’m afraid this might be fake all the way around.