cancel
Showing results for 
Search instead for 
Did you mean: 
Veteran Contributor

Re: From the floor March 29

Hi Mike, talked to a insurance agent about it, says they will use the county average yield, which will be a lower yield of course. If so, then I believe we will be at the 10 million acres for cotton corn wheat and beans. Very negetive in my opioion. Any way his belief is the numbers are their for the expansion of acres. Especially on low cost production ground.

0 Kudos
Veteran Contributor

Re: From the floor March 29

Mike, new land being brought into production is uninsurable. Unless there was a crop grown on the land  one of the last three crop years. A crop could be hay but not pasture. CRP ground would also be an exception.  So plowing up grassland or pasture and planting cotton may not be the best plan. Cattle prices are high, keep the pasture

0 Kudos
Advisor

Re: From the floor March 29

   I am not an insurance expert by any means but my guess would be that they would use the county average to start with.

0 Kudos
Veteran Advisor

Re: From the floor March 29

docharing is right.  CRP or hay land is insurable, but not new cropland-i.e. pasture for the first year.  At least that is how it works here.

Tags (1)
0 Kudos