|
South Central NE | white shadow,
You must be speaking of the wheat policies because we will not know what our corn or soybean policies cost until the averaging period in Feb of '15. I actually had the same thought the other day about using only yield protection in '15 if the spring sign-on prices are too low. But after thinking it thru we will stick with the revenue policy. The reason is that we use our policy as a back stop for our marketing. The revenue policy will react to a higher fall price while a yield policy will not. Therefore if I contract corn, for instance, at $4 in the spring and the price goes to $6 for some reason in the fall I am covered at the $6 on my contracted bushels in the event of a bushel loss. With a yield only policy I am covered at spring price. I would then have to dig up the difference. Just something to consider. I believe I am stating this correctly... Thanks | |
|
Crop Ins prices for 2015.
