Welcome Guest
Sign In | Register

RE: Why didn't all the farmers buy crop-revenue insurance

Posted on: July 26, 2018 at 11:50:21 CT
None**** MU
Posts:
4919
Member For:
7.28 yrs
Level:
User
M.O.B. Votes:
0
Crop insurance under the revenue option would provide a per acre guarantee for the current crop season. Premiums, including subsidized premiums adjust according to the level of coverage selected. However, crop insurance does not provide a safety net for stored grain inventories. In a typical scenario farmers holding onto last year's crop (stored on farm in bins) into the spring hoping for higher prices got hammered by the tariff war. Particularly, if the grain was unpriced. Most farmers hold onto their grain for months waiting for more favorable prices. The tariffs and resulting steep price declines destroyed that marketing strategy.
Report Message

Please explain why this message is being reported.

REPLY

Handle:
Password:
Subject:

MESSAGE THREAD

Why didn't all the farmers buy crop-revenue insurance - TigerJackSwartz MU - 7/26 11:25:10
     RE: Why didn't all the farmers buy crop-revenue insurance - None**** MU - 7/26 11:50:21
          So they made a bad decision - TigerJackSwartz MU - 7/26 11:53:00
     I doubt any insurance would cover loses due to policy shifts - Ragnar Danneskjold MU - 7/26 11:29:35
          wrong - TigerJackSwartz MU - 7/26 11:42:19
          MO gubbiment RCW RCW RCW RCW - JG MU - 7/26 11:35:10
               lol but I'm sure you love wetland programs that give - Ragnar Danneskjold MU - 7/26 11:37:58
                    RE: lol but I'm sure you love wetland programs that give - None**** MU - 7/26 11:41:28
                         There absolutely are - Ragnar Danneskjold MU - 7/26 11:43:43
          lol - lqf2b8 MU - 7/26 11:30:42
     My dad used the options market to hedge crops. - GA Tiger MU - 7/26 11:29:28
          lol - lqf2b8 MU - 7/26 11:31:40
     Crop insurance only covers only weather damage - ScottsdaleTiger MU - 7/26 11:29:01
          That is wrong. There are two types, crop-yield and - TigerJackSwartz MU - 7/26 11:37:03
               lol - lqf2b8 MU - 7/26 11:39:04
          lol - lqf2b8 MU - 7/26 11:29:52
     lol - lqf2b8 MU - 7/26 11:28:22
     Most of the farmers are large corporations who - JG MU - 7/26 11:27:55
          lol - lqf2b8 MU - 7/26 11:33:48
     Crop insurance? - DoltfromSTL MU - 7/26 11:26:29
          RE: Crop insurance? - TigerJackSwartz MU - 7/26 11:27:14
               That has nothing to do with price drops (nm) - DoltfromSTL MU - 7/26 11:31:54
                    wrong - TigerJackSwartz MU - 7/26 11:37:49




©2025 Fanboards L.L.C. — Our Privacy Policy   About Tigerboard