Base Price: references the following CBOT contracts
- Corn – average of daily close of the December contract during February
- Soybeans – average of daily close of the November contract during February
- Wheat - average of daily close of the September contract from Aug 15th to Sept 14th
- Popcorn – corn base price x RMA popcorn factor 0.043
Harvest Price: references the following CBOT contracts
- Corn – average of daily close of the December contract during October (OH & IN) (MI- Nov.)
- Soybeans – average of daily close of the November contract during October
- Wheat - average of daily close of the September contract during July
- Popcorn – corn harvest price x RMA popcorn factor 0.043