Posted 3/14/2008 07:49 (#333662 - in reply to #333645) Subject: Re: ? Crop insurance organic crops
Some of the drawbacks for organic are lower than "real world" prices. Also, premiums have a 5% surcharge added on. This coupled with lower yield history in most cases, mean an organic producer is not able to insure value per bushel commensurate with the true value of their crop.
I do have a few organic producers who use GRIP, because of the 1.5 price factor, and no compliance or surcharge issues.