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Crop insurance (machinery) question
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mrsc
Posted 2/23/2021 20:11 (#8853958 - in reply to #8853732)
Subject: RE: Farming without insurance


My Small farm....220 acres....inputs for corn... 300+ acre inputs...$250 rent and 50 miscellaneous. $600 an acre so $130,000ish invested. So if you have a drought... corn yield 40 bu/ac...$3.5 bu......
I know this may be worst case scenario but you could loose $100,000. I'd be done and Id would be filing for bankruptcy.
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