Barley and Wheat Prices
Available
SPOKANE,
Wash., Sept. 21, 2015 — USDA’s Risk Management Agency (RMA) today announced the
2016 projected prices for winter and spring wheat, and winter barley for Idaho,
Oregon, and Washington. These prices are critical for producers evaluating
their crop insurance coverage options.
RMA
also reminds producers of the Sept. 30 deadline for purchasing crop insurance
for fall-planted barley with winter coverage and all wheat in Idaho, Oregon,
and Washington. Producers need to buy, review, or modify their crop insurance
policies before the sales closing date has passed. Crop insurance provides
protection against crop production losses due to natural perils such as
drought, hail, and excessive moisture.
CROP
|
TYPE
|
PROJECTED
PRICE
|
VOLATILITY
FACTOR
|
Barley (Alaska)
|
All Spring
|
TBD approx. 3/1/16
|
|
Barley
|
Winter (with winter
coverage and without winter coverage)
|
$3.43/bu.
|
0.24
|
Barley
|
Winter Organic Practice
|
$6.28
|
0.24
|
Malting Barley
|
Fall Planted Type
|
$5.13 bu.
|
0.25
|
Barley
|
All Spring
|
TBD approx. 3/1/16
|
|
Wheat (Alaska)
|
Spring
|
TBD approx. 3/1/16
|
|
Wheat
|
Winter
|
$5.63 bu.
|
0.25
|
Wheat
|
Winter Organic Practice
|
$10.39 bu.
|
0.25
|
Wheat
|
Spring
|
$5.61/bu.
|
0.23
|
Wheat
|
Spring Organic Practice
|
$10.36
|
0.23
|
Wheat (Klamath)
|
Spring
|
TBD approx. 3/1/16
|
A list of
crop insurance agents is available at all USDA Service Centers and online at
the RMA Agent Locator. Growers can use the RMA Cost Estimator to get a premium
amount estimate of their insurance needs online. Learn more about crop
insurance and the modern farm safety net at www.rma.usda.gov.
#
USDA
is an equal opportunity provider and employer. To file a complaint of
discrimination, write: USDA, Office of the Assistant Secretary for Civil
Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC
20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339
(Local or Federal relay), (866) 377-8642 (Relay voice users).
Jo
Lynne, Spokane RMA
Jo Lynne Seufer, Risk Management Specialist
USDA/Risk Management Agency
Spokane Regional Office
(Serving Alaska, Idaho, Oregon, Washington)
11707 East Sprague Ave, #201
Spokane, WA 99206
(509)228-6320 Office
800-205-9953 (in AK, ID, OR, WA) Toll Free
(509)998-6902 Gov't Cell
jo.lynne.seufer@rma.usda.gov
www.rma.usda.gov
USDA/Risk Management Agency
Spokane Regional Office
(Serving Alaska, Idaho, Oregon, Washington)
11707 East Sprague Ave, #201
Spokane, WA 99206
(509)228-6320 Office
800-205-9953 (in AK, ID, OR, WA) Toll Free
(509)998-6902 Gov't Cell
jo.lynne.seufer@rma.usda.gov
www.rma.usda.gov
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