Current CI Topics
Making $
in 2025
in 2025
The way CI
used to be
used to be
Gotta laugh
about it
about it
My Banker Loves ME
100
When does the 2025 base price for crop insurance get set?
The month of February
100
Name the only input that you can spend money on this year that will GUARANTEE a specified return?
a Revenue Protection Policy
100
What was the name of the discount you received for planting stacked trait corn?
Biotech Endorsement
100
What is the new name given to the Gulf of Mexico by the new administration in 2025?
Gulf of AMERICA
100
Name one document typically required for the renewal of any revolving line of credit?
Updated Balance sheet/Tax Return/Operating Plan or Projection
200
What is the final date that you can make changes to your crop insurance coverage?
March 15th
200
Name of the risk management tool made available by the USDA/FSA that guarantees dollars paid to your farm if the county has a revenue loss under 86%.
ARC County
200
What was the old acronym for a county revenue policy?
G.R.I.P. (Group Risk Income Protection)
200
Which President gave away control of the Panama Canal in 1977?
Jimmy Carter
200
Name of the insurance option that allows you to collateralize your crop insurance guaranteed revenue?
Assignment of Indemnity
300
What is the minimum amount of acres you must have to replant to be eligible for a replant claim?
the lesser of 20% of the unit, or 20 acres
300
What farm level record gives you guidance on whether or not you are selling your grain at a profit or a loss?
Crop Budget/Input Cost Analysis
300
What month was the corn harvest price set for the OLD CRC crop insurance plan?
November
300
Which country is poised to be the 51st state?
CANADA!
300
This feature of my crop insurance policy allows for a paperless transfer of indemnity dollars from my Crop Ins. Company directly to my bank account.
Direct Deposit
400
What is the earliest plant date for corn in your county that allows for your to still be eligible for a replant claim?
April 5th
400
What grain marketing tool allows you to lock in a flat price before you produce the bushels or have them harvested?
Forward Contract
400
What was the name of the 2008 Farm Bill program that generated farmer payments?
ACRE - Average Crop Revenue Election
400
What is the most pork chops Matt has smoked in a given year?
525...equivalent of 30 whole pork loins, or 6 CASES of boneless whole loins!
400
This banking term is used to describe the amount of time an entity can operate at negative margin before exhausting its liquid assets
Burn Rate
500
What percentage of tolerance do we have in your crop insurance policy for over-reported production?
5%
500
What's the one downfall to forward marketing your grain for more than the cost it takes to produce it?
NOTHING! You will NEVER go broke selling your grain for a profit!
500
What was the first year the Trend-Adjustment was available in crop insurance?
2012
500
How many bushels did the USDA adjust the National Average Corn Yield on the January (final) WASDE report?
3.8 bpa !!
500
True or False...You can collateralize a particular asset on more than one liability as long as they are different lending companies?
FALSE...I'm pretty sure