# Improved Crop Prices Affect Crop Insurance Results - ProAg

> CBOT December corn rose from below $3.60 per bushel in early September to over $3.90 in October, and November soybeans climbed from about $8.60 to $9.35. Local cash corn improved by over 50 cents per bushel at some locations, though rising prices reduce Revenue Protection crop insurance indemnities.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56589-improved-crop-prices-affect-crop-insurance-results-proag
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher harvest-month prices improve producer margins and cash bids, which can encourage farmers to sell grain and affect feed grain availability into winter.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- proag.com: https://www.proag.com/news/improved-crop-prices-affect-crop-insurance-results/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.