We have reviewed two prevented planting decision tools that can serve as a resource in your decision making process with your crop insurance agent. Both tools also provide resources for determining replant decisions.
In a recent Farmdocdaily article Schnitkey, G., C. Zulauf, K. Swanson and R. Batts. “Prevented Planting Decision for Corn in the Midwest.” farmdoc daily (9):88, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, May 14, 2019 they highlighted their decision tool.
The farmdoc tool can be used to make calculations for expected returns from three options: 1. Take a prevented planting payment and not plant a crop to be harvested or grazed. 2. Plant corn. 3. Plant another crop.
The farmdoc Prevented Planting Module is used to aid in making calculations for each alternative. The Prevented Planting Module is part of the Planting Decision Model, a Microsoft Excel spreadsheet within the FAST series available for download on farmdoc (here). The specific spreadsheet is available (here).
Iowa State also has an article and tool that can be found at https://www.extension.iastate.edu/agdm/crops/html/a1-57.html.
The Iowa State model can be used to determine three options also: 1. Go ahead and plant the original crop. 2. Plant an alternative crop 3. Abandon the acres, and plant a cover crop.
The Iowa State model is designed specifically for Iowa but allows you to use your numbers. The farmdoc model contains Ohio data but also allows you to use your specific numbers.