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Trade (CBOT), the Kansas City Board of Trade (KCBOT), the Minneapolis Grain Exchange, Inc.(MGEX), and Intercontinental Exchange (ICE). Combo rating applies for the following crops: corn, cotton, grain sorghum, rice, soybeans, sunflowers, wheat, barley, malting barley, and canola/rapeseed. These crops constitute the bulk of the crop insurance business, about 73% of the total liability. Exchange prices are available for corn (CBOT), wheat (CBOT, MGE, or KCBT depending on the state and type of wheat), cotton (ICE), soybeans (CBOT), rice (CBOT), and canola/rapeseed (ICE). Because the price of corn is highly correlated with the prices of barley and grain sorghum, the latter are based on the corn exchange price (CBOT). Similarly, soybean oil futures from CBOT are used for the price of oil-type sunflowers. For a given crop, different futures contract delivery months can be applicable for determining the projected price (base price). For example, the CBOT September futures contract is used for determining the price for Texas corn (whose sales closing date is January 31). For counties with a March 15 sales closing date, corn policies use the harvest year’s CBOT December corn futures contract. Using the latter example, daily settlement prices for the harvest year’s December corn futures contract are averaged in February, which is the base price discovery month as defined by the CEPP. The reason the base price discovery month is so close to the sales closing date is to establish the policy price using the most current market information. For the harvest price, the December futures contract’s daily settlement prices are averaged in October, which …