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Veteran Contributor
Posts: 122
Registered: ‎05-13-2010
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Re: Crop Insurance....what I am not getting?

I would look at it this way,  I would look at the 180 number as being your most likely outcome.  144 is possible but so is a higher number.   So 865/180=4.80, how does that strke you?    I am all irrigated, which I suppose changes your standard deviation, but even in 2008 we collected nothnig except on the flooded fields.  I suppose that people that usually forward sell, wll forward sell those that don't will not, especially this year. I guess I  wouldn't deviate too far from your general pattern, one thing is for sure, if you thought of an outcome, so have the insurance actuaries and then some.