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Highest farm profits since 2001 vs. OMG the farmers have it so bad?
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Posted 9/13/2020 12:19 (#8492963 - in reply to #8492958)
Subject: RE: Crop insurance does not replace a crop

I'm still here thanks to insurance. But in this area $50/acre profit is normal. The guarantee provided by federal crop insurance eats into that. Combine the falling APH through those years and it's not easy. We did some custom farming to fill the gaps............but when your neighbors are going through the same thing they're not excited about hiring anything done. I've still got a bill I'll never collect on from back then. Guy went broke.
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