A payment is made if a crop’s market price falls below your annual support level.
Payments are calculated in two pricing periods:
Pre-harvest payments will be issued after all pre-harvest pricing periods end, if the market price for an enrolled crop is below your support level. Pre-harvest market prices are based on the average of forward contract prices or future delivery prices for six months before the harvest of each major crop.
Post-harvest payments will be issued after all post-harvest pricing periods end, if the market price for an enrolled crop is below your support level. Post-harvest market prices are based on the average of cash or spot prices for six months during and after harvest.
payment periods and price sources on the Rates page for sources and timing of market prices.
How your payments work – RMP: Grains and Oilseeds for more detailed information on payments.
Unseeded acreage payments – Unseeded acres also qualify for payments. Unseeded acres that are reported and eligible for payment under Production Insurance are added to your RMP coverage. Payments for unseeded acres are based on unseeded acres reported for Production Insurance. If the market price for that crop drops below your chosen support level, you would receive a program payment. Unseeded acreage payments are calculated the same as payments for planted acres.