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Crop Insurance
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Herkster5
Posted 2/5/2016 09:16 (#5089808 - in reply to #5089802)
Subject: RE: Crop Insurance


There is products available, not through RMA, that allow you to guarantee either your yield, or revenue, up to 90% or 95% of your APH. The revenue portion is NOT cheap. The product is offered by Diversified, as previously mentioned.

There are products out as well that allow you to pick a month to set your price. These are a bit of a gamble, in my opinion. You can choose what month to average your price in, to set your revenue coverage. If the price in the month or 2 weeks that you pick is lower than the spring price, you are out your money.

From what we've heard, volatility factors might be down, thus lowering premiums with the lower crop insurance price that will be set (pending any Feb rally). It's going to get busy here pretty soon in our office!
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