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fatan sassy
Posted 7/26/2024 06:19 (#10826616 - in reply to #10826583)
Subject: RE: you are right tho


northern edge of north central Missouri
barren - 7/26/2024 05:14

If there was no crop insurance,  would this result in a decrease in production significant enough to have a major impact on prices?   Before crop insurance we had low prices and overproduction as well as shortages and higher prices.  Honestly, I don't think doing away with crop insurance would have much of an impact on consumers.  It would have more of an impact on grain farmers profitability, which has been extremely good for several years.  Might be wrong but just throwing it out there.     




You are right about the high and low prices before.
I think you should seperate the Revenue Assurance crip insurance from the old crop insurance when debating its affect. I think RA insurance and then the add on products have changed what gets farmed in the fringe. It certainly has driven up rents.
As long as those products are available it is only good business to decide if and how to use them.

But for me, like so many things government, it would be better if those products didnt exist. Overall.

I believe the right to fail is healthy for the ag sector or anywhere else.
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