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Crop Insurance Question - Is this simple math right?
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CRJ
Posted 9/3/2010 18:07 (#1345399 - in reply to #1344886)
Subject: RE: CRJ


NEIN
Your right, his math is correct, but I hope he understands the difference between a bushel loss and a revenue loss thats all. I understand how this works and a revenue policy has two components that should be considered individually.
Fall price above the spring price with no bushel loss does not result in a revenue loss even though the value of the crop went up.
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