| hinfarm - 11/23/2025 08:43 That number belongs in fairytails on top of a unicorn. The only way you get that number is a total wipeout. You start deducting what you did produce off that minus local basis and it’s not the savior it’s sold to be.
I know full well how crop insurance works concerning basis. Try being a livestock guy that most of the time is dealing with a negative $.50 basis on excess production but when there is widespread crop failure in the area suddenly basis goes +$.70 and your crop insurance check doesn't go very far buying corn for feed purposes because you (and everyone else in the area) didn't produce enough.
My point is, figure out how to use crop insurance to cover your risk and quit asking for more govt bailouts for what you risked above what crop insurance covers.
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Farmer bailout
