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Very little chance for price recovery. Why buy Fall price protection ?
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J P
Posted 3/12/2019 08:16 (#7375179 - in reply to #7375159)
Subject: RE: Very little chance for price recovery. Why buy Fall price protection ?


Tank2516 - 3/12/2019 08:07

Well I might be wrong, but I thought it was either RP or what basically what was the old multi- peril where yield is only insured at the spring price that is being offered nowadays.


Tank,
Well there are lots of flavors offered now in the addon but the HPE has been an option on RP for years. I have elected HPE several times before. If you wanna see your insurance agent squirm, ask him about HPE. They don't like writing it and will be quick to remind you of 2012. But when I looked at the coverage matrix it takes a heck of rally plus a major loss in bushels before the fall RP price really does much good "here".

Take care

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