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Crop Insurance
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emtbd1979
Posted 2/4/2016 18:59 (#5088607 - in reply to #5088585)
Subject: RE: Crop Insurance



west central illinois
M & G - 2/4/2016 17:50

emtbd1979 - 2/4/2016 17:32

BlackCattle - 2/4/2016 17:26

I am planning to buy the months of June and July to set my spring price
so am I. And I'm thinking of doing the option using my schedule F as well. I'm going back with 85%also.


My opinion is if we do see a meaningful rally in June and July a guy would be better off selling corn rather than gaining on his revenue gaurantee.

As for the schedule F - if you're referring to the Whole Farm Revenue insurance, from the research I've done so far it looks to be throwing good money after bad, though I'll admit I do need to dig into it a little further.
its $5 an acre. And if you would know the hell I've farmed through since 2008 you would understand better. June and July are usually the high months. I can sell grain then also. Seems pretty dumb not to even with the insurance. My aph garuntee is a joke after these past years other than 2014 and my 120 bpa for this year took care of that.

Edited by emtbd1979 2/4/2016 19:00
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