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crop ins. says no to replanting beans? Yes or No
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Greywolf
Posted 6/9/2007 09:21 (#160339 - in reply to #160332)
Subject: Re: crop ins. says no to replanting beans? Yes or No



Aberdeen MS
If he is carrying the popular policies, it's all on the dollars generated vs bushels produced. He's not insuring X bushels of yield like the old policies. He's insuring XX dollars coming off the field, or more precisely, the unit of insured land. It may be a field....it may be the entire farm.

It's actually going to be determined by 2 factors.... what his production is in the fall, and what the harvest price is if he carried harvest option on his policy.

I had that type of situation happen a few years ago. I ended up getting paid about 5 or 6 dollars an acre for what drown outs I had. But it was over the entire acreage of the policy that got paid, not just the affected acres.

He doesn't give enough info in the original thread to make a calculated guess what the non productive acreage will do for a possible claim.
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