| PeteMN - 4/2/2025 15:48 Crop insurance sets prices based on the futures market, so if supply/demand forces prices lower then the crop insurance "guarantee" drops, too. And that doesn't account for wider than normal basis when local supplies get too burdensome. I'm not that thrilled about the possibility of going back to LDP payment situations.
Were not going back to LDP payments, at least not unless the USDA raises the PCP's considerably.
But if you're truly worried about that becoming reality, I'm sure you can still get an auctioneer lined up that would be happy to sell all of your farm equipment and real estate. Prices are still high on both, might be a good time to cash out and put it in CD's.
You could always buy back in after the crash & burn but before Kamala gets in office, straightens things out and sets the USA up for 8 years of economic prosperity.*************
Edited by Kooiker 4/2/2025 20:39
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Corn stocks to use...when will market start trading fundamentals?
