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Tag: crop insurance
USDA announces new crop insurance option
2015-07-08 23:23:00| Corn & Soybean Digest
Source: USDA RMA Risk-management program provides coverage for operating margins. The USDA Risk Management Agency (RMA) has announced the availability of a new crop insurance coverage option that provides producers with coverage against an unexpected decrease in their operating margin. Starting in the 2016 crop year, the new margin protection plan will be available in addition to underlying crop insurance policies in select counties starting for corn, rice, soybeans, and spring wheat. read more
Tags: option
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crop
ADM to Use Drones for Crop Insurance Claims After FAA Approval
2015-04-22 20:50:08| Agriculture - Topix.net
Archer-Daniels-Midland Co., the world's largest corn processor, received regulatory approval from the U.S. Federal Aviation Administration to fly drones that will locate and assess crop damage. 'We are on track to have this technology in the air for our customers next year,' Greg Mills, president of ADM's Crop Risk Services unit, which offers Drones are one of the latest tools in precision agriculture, in which data is collected by satellites and sensors and analyzed to maximize farm yields.
Tags: insurance
claims
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Considerations for crop insurance coverage
2015-03-12 17:45:00| Corn & Soybean Digest
The dealine for 2015 crop insurance elections is just days away. As you finalize your choices, consider the following: what coverage is best for your farm, and look at all available options, particularly new ones from the 2014 Farm Bill. read more
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coverage
considerations
crop
Time to finalize 2015 crop insurance decisions
2015-02-24 20:48:00| Corn & Soybean Digest
Profit margins for crop production this year are the tightest that they have been for several years, which makes 2015 crop insurance decisions extremely important. Many farm operators are looking for ways to reduce their crop operating expenses for 2015; however, cutting back on crop insurance coverage may not be a wise decision. Focus on Ag read more
Tags: time
insurance
decisions
crop
New crop insurance options for 2015
2015-02-17 19:17:00| Corn & Soybean Digest
Profit margins for crop production this year are the tightest that they have been for several years, which makes the 2015 crop insurance decisions even more critical. Producers have several crop insurance policy options to choose from, including yield protection (YP) policies and revenue protection (RP and RPE) policies, as well as several other group insurance policy options. Focus on Ag read more
Tags: options
insurance
crop
crop insurance