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west central Iowa | We bought hail corn in the past and priced it based on an in field adjustment by insurance. Let the adjuster estimate the yield and we hashed out the price, harvest cost, residue value, etc. We left check strips at another producers field and priced corn X check strip yield (adjusted yield with test weight and aflatoxin discounts and the whole nine yards) We were trying to get them to zero that field prior to harvest but they wouldn't. They did after the quality adjustments. Our agreement with the producer was a minimum price per acre or the adjusted yield times agreed on price, which ever was higher. I'm not sure I can tell you if your price is too high or low. Depends on the corn development stage, grain yield/acre, etc. Drought corn is not 100% value of "normal silage" If you leave strips, have their locations predetermined and flagged with the producer/adjuster. Might save an infield dispute. | |
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What to pay for drought corn for silage?
