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| I just reread the release, and realized that it says reduction of the "yield component" of coverage (insurance). This means a good portion of the cost of CRC and RA (GRIP not included with the discount), the revenue feature, will not be discounted, only the multi-peril part of the premium (if I am reading it correctly).
This probably means less than half of the 24% indicated, for RA and CRC. I am sure we'll find out more as this materializes. Again, I would really like to hear other opinions, both from those eligible in the I states and MN, as well as those of us outside the pilot area.
Rob H. | |
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Crop Insurance and Monsanto
