Rex says
Money math without the spreadsheet headache. Plug in your numbers and I'll show you exactly where the dollars land.
Try a scenario
Click to load — tweak from there.Inputs
Result
Estimated total indemnity
$23,160
Indemnity per acre
$57.90
Guaranteed revenue per acre
$662.40
Actual revenue per acre
$604.50
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How to use this
- 1Enter approved aph yield (bu/acre).
- 2Enter coverage level (%).
- 3Enter projected (spring) price ($/bu).
- 4Enter harvest price ($/bu).
- 5Enter actual yield (bu/acre).
- 6Enter insured acres.
- 7Read your estimated total indemnity on the right — it updates as you type.
- 8Hit Share to keep the scenario or send it to someone.
About this calculator
Revenue Protection (RP) policies, the most common crop insurance product for corn and soybeans, pay out when actual revenue falls below your guaranteed revenue, and the guarantee itself can increase if harvest price rises above the projected price — that upside feature is what distinguishes RP from the older revenue products. This calculator takes your approved APH yield, elected coverage level, projected and harvest futures prices, and actual yield to compute the guarantee, actual revenue, and any indemnity owed. It's an estimate for planning purposes; your actual settlement depends on the specific county, practice, and unit structure filed with your policy, and you should always confirm real numbers with your crop insurance agent before making marketing decisions off of it.
Worked example
Using the values the calculator loads with:
Inputs
- Approved APH yield: 180 bu/acre
- Coverage level: 80 %
- Projected (spring) price: 4.6 $/bu
- Harvest price: 3.9 $/bu
- Actual yield: 155 bu/acre
- Insured acres: 400
Results
- Estimated total indemnity: $23,160
- Indemnity per acre: $57.90
- Guaranteed revenue per acre: $662.40
- Actual revenue per acre: $604.50
What each field means
Inputs
- Approved APH yield (bu/acre)
- The approved aph yield used in the calculation, measured in bu/acre. Starts at 180 bu/acre so you have a working example on load.
- Coverage level (%)
- The coverage level used in the calculation, measured in %. Starts at 80 % so you have a working example on load. Accepted range: 50–85 %.
- Projected (spring) price ($/bu)
- The projected (spring) price used in the calculation, measured in $/bu. Starts at 4.6 $/bu so you have a working example on load.
- Harvest price ($/bu)
- The harvest price used in the calculation, measured in $/bu. Starts at 3.9 $/bu so you have a working example on load.
- Actual yield (bu/acre)
- The actual yield used in the calculation, measured in bu/acre. Starts at 155 bu/acre so you have a working example on load.
- Insured acres
- The insured acres used in the calculation. Starts at 400 so you have a working example on load.
Results
- Estimated total indemnity
- Returned as a money amount in US dollars and shown as the headline result. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
- Indemnity per acre
- Returned as a money amount in US dollars. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
- Guaranteed revenue per acre
- Returned as a money amount in US dollars. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
- Actual revenue per acre
- Returned as a money amount in US dollars. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
FAQ
Why does the guarantee use the higher of the two prices?
RP's defining feature is that the revenue guarantee locks in using whichever is higher — the projected price set before planting or the harvest price at the end of the season. This protects against a scenario where yields are fine but a price rally still leaves you needing more bushels than you have to cover input costs.
What's the difference between RP and RP with harvest price exclusion?
RP-HPE calculates the guarantee only from the projected price and ignores any harvest price increase, which typically costs less in premium but gives up the upside price protection that standard RP provides. Most producers who can afford it choose standard RP for that reason.
Does a low actual yield always trigger a payout?
Not necessarily — if harvest price is high enough, actual revenue can still exceed the guarantee even with a below-average yield, because you're selling fewer bushels at a much higher price. RP is a revenue floor, not a yield floor.
How does unit structure affect this?
This calculator assumes a single farm-level (optional or enterprise) unit. If you carry basic or optional units by section or FSA farm, indemnities are calculated separately per unit, which can produce a different total payout than treating the whole farm as one block.
Accuracy and limitations
- Results are estimates before tax, fees, and inflation unless an input explicitly covers them.
- Rates are treated as fixed for the whole period — variable-rate products will drift from this projection.
- This is educational maths, not financial advice. Check anything contractual with the lender or your accountant.
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Cite this calculator
Writing about this topic? Grab a citation — every link helps keep these tools free.
RevenueLab. (2026). Crop Insurance Revenue Protection Payout Calculator. Retrieved from https://www.revenuelab.fyi/toolbox/crop-insurance-revenue-protection
<p>Source: <a href="https://www.revenuelab.fyi/toolbox/crop-insurance-revenue-protection" target="_blank" rel="noopener">Crop Insurance Revenue Protection Payout Calculator — RevenueLab</a> (2026).</p>
Source: [Crop Insurance Revenue Protection Payout Calculator — RevenueLab](https://www.revenuelab.fyi/toolbox/crop-insurance-revenue-protection) (2026).