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S Illinois | It’s a wonder why everyone thinks that FSA July 15th data or crop insurance yields are the end all be all data. Guess what there were beans being planted here in Aug last year and anymore there are beans going in the ground July 15. There are extensions and revisions that occur after that July 15th date all the time. Not to mention those who don’t participate in the FSA program.
The other is crop insurance yields. There is a 5% grace on yield reporting. Is everyone dead on every time? Everyone thinks ah I was only 1% off. Well we throw hissy fits if the USDA changes by that amount. And I guess most people realize RMA yields are generally higher(more overall production) than NASS numbers are. So be careful what you wish for.
Edit: https://farmdocdaily.illinois.edu/2017/11/comparing-nass-and-rma-cou...
Edited by w1891 4/1/2020 08:05
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Jonscks
