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In this 5-minute farmdoc update, we review the final 2026 Projected Prices and Volatility Factors recently released by the USDA’s Risk Management Agency. We examine how the February price discovery period has set the baseline for corn and soybean insurance guarantees and premium costs for the upcoming crop year. Additionally, we discuss strategic guidance for 2026, focusing on the significant subsidy rate increases for Supplemental Coverage Option (SCO) and Enhanced Coverage Option (ECO) policies. We outline why producers and ag professionals should strongly consider integrating these supplemental area products into their risk management portfolios this year. Crop Insurance Decision Tools Available from farmdoc:https://farmdoc.illinois.edu/crop-ins... • Crop Insurance Evaluator: Allows producers to compare premiums, net benefit, and risk measures for a representative farm and multiple insurance combinations, including when stacking SCO/ECO. https://fd-tools.ncsa.illinois.edu/ev... • Crop Insurance Premium Calculator: Provides estimated farmer-paid premiums for different commodities, counties, practices, and insurance yield levels. https://fd-tools.ncsa.illinois.edu/pr... • Excel-based Crop Insurance Decision Tool: Provides estimated farmer-paid premiums for different commodities, counties, practices, and yield levels. Includes SCO/ECO premiums and total premiums for combinations of underlying coverage and SCO/ECO. https://farmdoc.illinois.edu/fast-too... Recommended farmdoc daily Articles on 2026 Crop Insurance: For a deeper dive into the use of SCO and ECO given the substantial increase in subsidy rates, please review our recent articles: • SCO and ECO Choices in 2026 (February 3, 2026) – https://farmdocdaily.illinois.edu/202... • Release of Insurance Evaluator with the New SCO and ECO (February 10, 2026) – https://farmdocdaily.illinois.edu/202... • Comparing Crop Insurance Scenarios with SCO and ECO for 2026 (February 17, 2026) – https://farmdocdaily.illinois.edu/202... • Revisiting the Basis Risk when evaluating SCO and ECO (February 19, 2026) – https://farmdocdaily.illinois.edu/202... • Common Questions on SCO and ECO (February 24, 2026) – https://farmdocdaily.illinois.edu/202... Thank you for watching. Please consider subscribing to the farmdoc channel to ensure you are updated when our team releases new videos covering topics of interest to the agricultural community.