What is the Expected Yield based on?

The Expected Yield is primarily based on producers' average historical yield, which reflects the typical productivity of a given crop on that specific piece of land over time. This average is typically calculated based on the results of past harvests, often taking into consideration various factors such as weather patterns, soil conditions, and farming practices.

Option B, which suggests that Expected Yield is computed as Expected Yield times Projected Price, does not represent the determination of Expected Yield itself. Instead, it implies a calculation involving expected yield but does not describe the basis for establishing what that Expected Yield figure actually is.

Other options focus on different aspects of crop insurance calculations. The calculation of the Projected Price, for example, involves market data and trends rather than historical yield data. Government assessments, while they can inform insurance programs and payment structures, do not serve as the foundational basis for determining the Expected Yield.

In summary, the Expected Yield is rooted in the established historical yield data from producers, capturing the average production capability and setting a benchmark for crop insurance evaluations.