CS_307 - 2/14/2026 19:48

ECO insurance can be purchased in two bands. 86%-90% and 90%-95%. 86% down to whatever coverage you carry for your underlying policy is SCO. The coverage for ECO and SCO is based off of county production and price. I would make the argument that ECO and SCO are better farm safety nets than the traditional multi-peril insurance at their simplest form. In order to get a payout from ECO or SCO there would need to be a large weather event that impacts the majority of a county's production, a reduction in the price, or a combination of both. This type of coverage also does not provide a payment for prevented plant acres. What I am getting at is this policy basically eliminates the opportunity for fraud at the individual level by shifting bushels from county to county. It also does not reward the most inefficient operations that do not get their crops in timely or consistently have poor crops when everyone around them has a good year. In my opinion I would much rather they keep this type of program and eliminate all of the ad-hoc disaster payments like SDRP for crops that can be insured in ECO.[/QUOTE

Sounds similar to GRIP insurance? You're basically banking on your county to have a worse yield then yourself to trigger payout?