2014 FINAL PROJECTED PRICES FOR YIELD & REVENUE PROTECTION

For crops for which revenue protection is available, a projected price and a harvest price will be determined in accordance with the Commodity Exchange Price Provisions (CEPP).
ALL INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED

CROP EXCHANGE
CONTRACT
PROJECTED PRICE
VOLATILIY FACTOR
HARVEST PRICE
Canola*
ICE July Canola .224 .14 .196
Corn
Texas CBOT December Corn 4.62 .17 3.39
Oklahoma CBOT December Corn 4.62 .17 3.39
Cotton
Texas ICE December Cotton .78 .14 .64
Oklahoma ICE December Cotton .78 .15 .61
Grain Sorghum
Texas CBOT December Grain Sorghum 4.46 .17 3.27
Oklahoma CBOT December Grain Sorghum 4.46 .19 3.37
Soybeans
Texas CBOT November Soybeans 11.36 .13 9.65
Oklahoma CBOT January (2015) Soybeans 11.41 .13 10.32
Wheat
KCBOT July Wheat 7.02 .19 7.17
Cottonseed endorsement: .1150
Cottonseed factor: Oklahoma: 1.459
Cottonseed factor: Texas: 1.418
– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Canola projected price: The pre-harvest year’s average daily settlement price for the projected price discovery period for the harvest year’s futures contract, as shown above, divided by the factor of 2,205. This factor converts the ICE canola price from Canadian dollars per metric ton to Canadian dollars per pound. To convert into U.S. dollars per pound, obtain the average daily settlement price for the projected price discovery period for the harvest year’s CME September Canadian dollar futures contract, rounded to the nearest one-tenth of a cent, and then multiply by the Canadian price per pound, and round to the nearest one-tenth of a cent.
– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Peanuts: APH established – .2660
Maximum Contract Price Factor – 1.20
Maximum Contract Price – .3192
– – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – –
Applicable to Counties in our Area
Harvest Price cannot exceed 200% of Base Price.