| tmrand - 4/18/2024 08:34 But, since we are all actively farming in the era of crop insurance..............short of looking back to a historical period without it for amusement and appreciation of the farmers grit...........what do we gain when applying that time frame to today?
Crop insurance only protects revenue for 1 year, actually less than year.
In a long term down grain market, crop insurance doesn't protect much.
We had crop insurance in its current form long before land prices really took off. It took higher grain prices (ethanol boom) to really get the land prices jumping.
With or without crop ins, $4 corn and $10 beans won't support current land prices after the excess capital from the past couple years is dealt with.
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