|
NE IOWA/ SE SD | I would not use it anything like an insurance policy due to you can a complete loss on your farm, but if the state does not trigger your payment could be zero.
It seems to me that it is more or less a revenue protection if the price goes WAY down.
As far as doing it on some of your acres, I agree with the theory....spread your risk. But, with everything in the bin how do you prove what corn came from which field, and if prices do get low (loan rate) it's a no brainer which field you collect the LDP on......In this scenario things could get very sketchy if you can understand what I'm saying.
I'm am not trying to talk you out of it or into it, just would like to discuss this scenario.
Don't know what to do myself.
| |
|
Well....I signed up for ACRE today
