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Crop Insurance
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Herkster5
Posted 3/20/2024 21:14 (#10673235 - in reply to #10672923)
Subject: RE: Thxs for all the replies


prairieag - 3/20/2024 15:34

I was involved in Fed Crop Ins for 10+ years. Compensation was 15% of the gross premium (farmer + federal subsidy).


This is correct, before 2009 or 2010 (might have my years wrong), which is when they started limiting, or changing, the A&O rates each year. It's still lucrative, but I'm told it isn't near as good as it used to be.
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