This update provides a practical look at key 2026 MPCI topics, including enterprise units, yield reporting requirements, and current market conditions. We discuss how recent market competition may impact premiums, review coverage options such as malt endorsements, SCO, and ECO, and outline important considerations for managing risk and minimizing surprises at claim time. The presentation also includes a farm tax update focused on new deferral options and depreciation changes that can support long-term planning and cash flow for Montana producers.