🌱 Breaking Down Dry Pea Insurance: How RMA Sets Projected & Harvest Prices (And What Happens When They Don’t!)
The Crop Insurance Podcast by Mike Rydell
Episode notes
Ever wondered how the Risk Management Agency (RMA) determines Projected and Harvest Prices for dry peas—chickpeas, lentils, green and yellow peas? 🌱 In this episode, we’re pulling back the curtain on the pricing process, explaining how contract data is used to establish guarantees, and what happens when RMA can’t determine a price.
Join us as we break down:
✅ How Projected & Harvest Prices are set
✅ What happens when there’s not enough market data
✅ Why RMA sometimes forces a set price (and what that means for you)
✅ The waiver you’ll have to sign at sales closing
If you grow dry peas and want to ensure you have the right crop insurance coverage, this episode is a  ...Â