A farm management analyst says an improving price guarantee is another reason to use crop insurance this year.
Kent Thiesse with MinnStar Bank in south-central Minnesota calls revenue protection and yield protection policies effective risk management tools and says payment levels should be better than in recent growing seasons.
“As of last Friday, the price guarantees are $10.20 per bushel for soybeans and $3.96 for corn. That’s up about a dime over last year (for corn) and soybeans are up…I think last year we were at $8.85.
Continue reading Improving price guarantee another plus for crop insurance at Brownfield Ag News.
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