Coverage levels under GRP can be based on the expected county yield up to what percentage?

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The correct answer is based on the guidelines for Group Risk Plan (GRP) insurance, which is a type of revenue insurance that provides coverage based on the expected county yield rather than an individual farmer's yield. Under GRP, coverage levels can be set at 90 percent of the expected county yield. This means that if the county yield falls below this threshold, the insured would be eligible for payments. This option provides a balance between adequate risk management and the financial viability of the program for farmers. The ability to secure coverage at this level is designed to offer a safety net for producers while also reflecting the collective risks they face as part of a larger agricultural community.

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