In Reader Poll, Buy-Up Bypasses CAT
Over the years, crop insurance has evolved from being just a Catastrophic Coverage policy into a myriad of different products, which, when trying to figure out what each one covers, costs, pays off and best suits your farming operation, can only be described by many producers as difficult as herding cats.
Although crop insurance is federally subsidized, it is sold by private crop insurance agents who can help you sort out the details.
According to the USDA Risk Management Agency (RMA), "Buying a crop insurance policy is one risk management option. Producers should always carefully consider how a policy will work in conjunction with their other risk management strategies to insure the best possible outcome each crop year.
source : cottonfarming
Over the years, crop insurance has evolved from being just a Catastrophic Coverage policy into a myriad of different products, which, when trying to figure out what each one covers, costs, pays off and best suits your farming operation, can only be described by many producers as difficult as herding cats.
Although crop insurance is federally subsidized, it is sold by private crop insurance agents who can help you sort out the details.
According to the USDA Risk Management Agency (RMA), "Buying a crop insurance policy is one risk management option. Producers should always carefully consider how a policy will work in conjunction with their other risk management strategies to insure the best possible outcome each crop year.
source : cottonfarming
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