Posted 4/5/2024 10:09 (#10694793 - in reply to #10694758) Subject: RE: Tariffs part deuce
Your are correct the crop insurance premiums in the fringe are costly when compared to high yielding areas as often anything over 70% coverage can see a premium increased cost almost as much as the added coverage - especially in the 80 & 85% levels.
One answer to why some plant when crop insurance barely covers their input costs is there are FIXED costs to pay as well and perhaps this crop choice has the best chance of allowing a producer to generate a return over variable costs in order to try and cover their fixed costs so they can stay in business.
Tariffs part deuce
