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Multi- Peril Crop Insurance Coverage Levels
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blue rider
Posted 3/13/2015 16:04 (#4451344)
Subject: Multi- Peril Crop Insurance Coverage Levels


MN
Just struggling with what coverage levels to choose for corn and beans this year. I know everybody's situation is different but in general, what logic are you using on a year with RP guarentees potentially below the cost of production? Keep premium levels low to keep input costs low? Or choose higher coverages so you can try to guarantee recouping most of your input costs if we have a bad year? Recent years you could lock in a profit if you wanted so the decision didn't seem as difficult as it is this year for me. Just wondering what others think? Thanks!
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