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Senator wants to cut crop insurance subsidies
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hinfarm
Posted 9/29/2023 08:10 (#10420927 - in reply to #10420460)
Subject: RE: Senator wants to cut crop insurance subsidies



Amherst WI
NwmoW900 - 9/28/2023 19:42

It’s a challenge for young guys regardless. The counties I farm in T yield is between 112 and 123. My aph with the trend adjustment is around 175-180 depending on the farm other than the county I only have 4 years of history. How is a new farmer going to compete with that unless they are willing to over extend themselves or get an understanding landowner?


This is a similar situation here.

The one county I am in was not defined as an irrigated county, so T yield was 119 and I had a yield goal at the time of 180-190 and had to pay 180-190 rent. At that time you had to insure dryland and irrigated the same so I was spending $50 acre for irrigated ground I would have to have a total disaster to ever collect on. I'd hate to know how much money I threw away over the years on that deal, they changed it now so I can insure irrigated at a different level than dryland.

Another thing is, who the heck is getting these low yields to offset the good ones, and how in the world are they staying in business?!?!
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