DELMARVA — Soybean producers across Delmarva are being asked to vote on a proposed change to crop insurance that could significantly strengthen coverage for full-season growers.
The referendum, developed by the University of Delaware Extension, the USDA Risk Management Agency, and regional crop insurance providers, would split soybeans into 2 separate designations: NFAC (not following another crop) and FAC (following another crop). Currently, both types fall under a single policy, and the blended yield average pulls coverage down for full-season beans.
Extension farm business management specialist Nate Bruce analyzed the numbers on a hypothetical Sussex County farm. Separating the designations could boost liability coverage by more than $100/acre while adding roughly $8 to the premium. Bruce described that as a substantial increase in the safety net.
Markets
Grain futures closed higher across the board Monday. July corn settled at $4.15½, up nearly 3 cents. July soybeans closed at $11.19¼, a gain of nearly 6 cents. July Chicago wheat finished at $5.89¾. On the livestock side, August live cattle settled at $243.25, up over $2.
At Laurel Grain Company in Laurel, Delaware, corn for July delivery is bringing $4.61/bu, and soybeans for July are at $10.60.
USDA’s Crop Progress report shows corn is 100% planted nationally, with 68% rated good to excellent. Soybeans are at 95% planted, slightly ahead of the 5-year average.
Forecast
Monday evening will remain sunny with temperatures near 80°F and northwest winds at 15 mph. Overnight skies will clear, with a low of 59°F. Tuesday looks favorable for fieldwork, with sunny skies, a high of 78°F, and light winds. A coastal flood advisory is in effect through early Tuesday morning.
This article is based on the Delmarva Farm Report Update Evening Edition, June 15, 2026. Hosted by Tom Bradley.
