What are the minimum insured values typically provided for crop insurance based on Actual Production History?

The minimum insured values for crop insurance based on Actual Production History (APH) generally fall within the range of 50% to 85%. This means that when farmers participate in a crop insurance program, they can insure their crops for at least 50% of their expected production, and they can choose to insure for up to 85% depending on their historical yield data and risk preferences.

This range is designed to provide farmers with a financial safety net while still allowing flexibility based on their individual circumstances and the specific risks tied to their farming operations. Insuring at or above this minimum level helps ensure that farmers have sufficient coverage to protect against unforeseen events that could impact their yields, such as weather-related issues, pest infestations, or disease.

The other ranges mentioned do not align with the standard practices for crop insurance. Lower ranges like 20 to 40% would typically not offer enough protection for most farmers, while the higher end of 85 to 100% is above the typical minimums set by most policies, indicating that farmers have the option to insure their crops more comprehensively based on their needs and prior production history.