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Add to Federal Crop Insurance?
2013-02-05 18:00:00| Corn & Soybean Digest
Farmers experiment with supplemental policy to beat the weather. Curiosity paid off for Sam Keyser in 2012 when he collected 100% of the value of a weather insurance policy that he tried for the first time. "I was curious about the insurance. I know how easy it is to miss pollination or have to replant in a cold, wet spring. That may not impact my Federal Crop Insurance (FCIC) yield, but it affects my overall yield." read more
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insurance
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crop
Market Your 2014 Crop?
2013-02-01 22:02:00| Corn & Soybean Digest
With this volatility, how far out should you market? For farmers who got sucked into questionable multi-year corn and soybean marketing in the mid-1990s, talk of the 2013 fiscal cliff would be just a speed bump. Not only were there massive losses, some wound up with heavy fines and even jail time. Unsecured hedge-to-arrive (HTA) contracts mismanaged by elevators, market analysts and farmers caused the stench. read more
2013 Crop Insurance Projected Prices, Volatilities and Harvest Price Impacts
2013-02-01 21:45:00| Corn & Soybean Digest
Source: University of Illinois farmdocDaily The Risk Management Agency (RMA) "resets" various features of the crop insurance programs annually to reflect the market's estimate of the value of crops intended for production in the current year. Among the most important factors are projected prices, volatility factors and harvest prices. Projected prices directly determine the insurable value of production, and thus impact premiums as well. The volatility factor is a measure of the price risk the market associates with potential price changes in the production year, and thus directly impacts the calculated costs of insurance. Finally, the harvest price has the potential to increase the amount of insurance coverage in effect if prices increase between the end of the projected price discovery period and the harvest price determination period. read more
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projected
U.S. Spring Crop Season Jeopardized as Drought Persists
2013-02-01 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The unrelenting drought gripping key farming states in the U.S. Plains shows no signs of abating, and it will take a deluge of snow or rain to restore critical moisture to farmland before spring planting of new crops, a climate expert said on Thursday. "It's not a pretty picture," said climatologist Mark Svoboda of the University of Nebraska's Drought Mitigation Center. Precipitation in the Plains region has been 3-6 inches shy of normal levels since October, and some areas are nearly 16 inches...
Tags: spring
season
crop
drought
U.S. spring crop season jeopardized as drought persists
2013-01-31 19:20:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The unrelenting drought gripping key farming states in the U.S. Plains shows no signs of abating, and it will take a deluge of snow or rain to restore critical moisture to farmland before spring planting of new crops, a climate expert said on Thursday. "It's not a pretty picture," said climatologist Mark Svoboda of the University of Nebraska's Drought Mitigation Center. Precipitation in the Plains region has been 3-6 inches shy of normal levels since October, and some areas are nearly 16 inches...
Tags: spring
season
crop
drought
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