How will lower market prices affect your crop insurance decisions?

The decision for crop insurance elections is just around the corner. Farmers have until March 15 to make their choices for the 2014 growing season. With significantly lower market prices, and crop insurance guarantees, compared to last season, we'd like to know what your decisions will be for this year. Will you choose more coverage over last year? Less coverage? Do your crop insurance decisions stay the same no matter what the market price or guarantee? Or, do you not even use crop insurance? Take the poll and let us know. Feel free to comment about your choice!

 

 

Discuss this poll 14

on Mar 16, 2014

Such a very useful article. Very interesting to read this article. I would like to thank you for the efforts you had made for writing this awesome article what does bubblegum casting do

Anonymous
on Mar 12, 2014

signed up today took 80 coverage.

Anonymous
on Mar 9, 2014

The new farm bill has excellent protection for corn under ARC County level!

Anonymous
on Mar 9, 2014

I changed from enterprise units to each farm stands on it's own and lowered coverage from 80% to 75% to off set cost

Anonymous
on Mar 9, 2014

I insure for the bushels, it goes hand and hand with my marketing plan.

Anonymous
on Mar 8, 2014

I stay at 75%all the time

Anonymous
on Mar 8, 2014

i already keep 75-80 pc coverage keep it high on a regular basis.

Anonymous
on Mar 8, 2014

Changing from corn to all soybeans 5000 acres.

Anonymous
on Mar 8, 2014

The increased coverage for TA on beans is not worth the huge increase in premiums. Corn is a different story.

Anonymous
on Mar 8, 2014

Maximuim insurance coverage is a no brainer every year combined with a prudent marketing plan. Cost carries less weight with an insurance decision when this tool is used with a long term and consistant marketing plan.

Anonymous
on Mar 8, 2014

inputs toooo high got to have insurance

Anonymous
on Mar 8, 2014

I take the max each year as crop inputs cost to much

Anonymous
on Mar 8, 2014

I will lower my crop insurance coverage.

Anonymous
on Mar 8, 2014

Everything that I read says pay the same premium that you were which will raise your coverage for 2014.
But what they don't comment on is that it will take a lot more bushels to pay for that coverage since the price per bushel is lower

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