Schlegel Farms, Hagerstown Indiana | This years crop insurance premiums look more like a mortgage payment to me
I've been using 70% RA on corn and 75% RA on beans
For the same premium, I can go to 80% APH on the corn and 80-85% on the beans.
My thoughts are:
I plan on growing a good crop next year.
I would start collecting sooner by doing this.
I don't look at insurance as a money maker. (I hope I don't collect)
I would still be in business next year if I had a total crop loss. (I realize I still have too sell bu. from a partial crop loss)
I have collected on insurance twice in my life....and one of those was a replant situation.
Does this make sense?
...... TIA ................................................Mark
Edited by Mark (EC,IN) 3/8/2008 14:54
|
Crop Insurance ??
