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Crop Insurance, more, less or same?
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kggonzo
Posted 2/20/2017 10:58 (#5851641 - in reply to #5851549)
Subject: RE: Crop Insurance, more, less or same?


Northeast Nebraska and Candelaria Philippines		I'm an agent.

Going back 3-6 years most of my guys did 75-80%. The last 3 years, for the most part, guys lowered that 10% to 65-70% with a few 55and 60%

I think with the decent spring price, might see guys move back up 5-10% over what they did last year. APH's are also rising rapidly here, which helps with the higher coverages.

My recommendation the last few years was for guys to buy less, I think this year my recommendation will be to buy more. There is certainly $2.00 downside risk on beans and a buck downside risk on corn.


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