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SURE Calculator Instructions

  • Program Guarantee: Calculated (Insured Crops are calculated by Share x Insured Acres x Coverage Level x Price Level x [higher of APH or CC] Yield x Price/Rate x 115%. NAP Crops are calculated by Share x NAP Acres x [higher of NAP APH or CC] Yield x 50% x Price/Rate x 120%).

  • Expected Revenue: Calculated (Insured Crops are calculated by Share x Insured Acres x [higher of APH or CC] Yield x Price/Rate. NAP Crops are calculated by Share x NAP Acres x [higher of NAP APH or CC] Yield x Price/Rate.)

ENTRIES FOR THE FARM REVENUE SCREEN:

  • Crop: Entry is brought forward from the SURE Guarantee Screen.

  • Crop Type: Entry is brought forward from the SURE Guarantee Screen.

  • Intended Use: Entry is brought forward from the SURE Guarantee Screen.

  • Producer Share: Entry is brought forward from the SURE Guarantee Screen.

  • Acres: Entry is brought forward from the SURE Guarantee Screen.

  • Actual Yield: Enter an actual harvested yield per acre for the crop, type and use (if not known, use an estimate).

  • National Average Market Price: Enter the estimated 12-month average market price for the crop, type and use. If not yet available or unable to estimate, use the Price/Rate entry from the SURE Guarantee screen for the crop, type and use for the purposes of this calculator.

  • Estimated Crop Value: Calculated (This value is the sum of all entries from the Farm Revenue screen “Estimated Crop Value” column. This is calculated by Share x acres [from SURE Guarantee screen] x estimated actual yield x estimated National Average Market price).

ENTRIES FOR SURE SUMMARY SCREEN:

  • Program Guarantee: Calculated (This value is the sum of the program guarantee entries for insured and NAP crops)

  • Expected Revenue: Calculated (This value is the sum of the expected revenue entries for insured and NAP crops times 90%. This value represents the maximum SURE Guarantee, which is referred to as the CAP.

  • Supplemental Revenue Assistance Guarantee: Calculated (This entry is the lesser of the two entries above)

  • Farm Revenue Information

  • Estimated Crop Value: Calculated (Accumulated total of the estimated crop level values for insured and NAP crops)

  • Total DCP Direct Payments: Manual entry of the estimated or actual total DCP Direct payments for all crops on the “farm” (as defined at the beginning of these instructions) as one entry. The calculator will compute 15% of this entry for use in the summary addition on this page.

  • Total DCP Counter-Cyclical (CC) Payments: Manual entry of the estimated total CC payments for all crops for the “farm”. For most crops this will be zero for 2008.

  • Total DCP ACRE Payments: Manual entry of the total DCP ACRE payments for all crops for the “farm.” (This is “0” for 2008)

  • Total Market Gains Received through Price Support Loans: Manual entry of the total estimated or actual Market Gains for all crops for the “farm”.

  • Total Crop Insurance Indemnities Received: Manual entry of the total crop insurance indemnities for all crops for the “farm”. This can be an estimate if completed prior to receipt of the indemnity.

  • Total NAP Payments: Manual entry of the estimated or actual total NAP payments for all crops for the “farm”.

  • Other Disaster Benefits Received: Enter the total of any “other disaster” program benefits received as a lump sum entry.

SURE Calculator Version 1 - August 2008

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