NAU Country believes crop insurance is more than a policy—it’s a partnership that helps keep farming sustainable, even in tough times. Learn more at https://lnkd.in/g5n6tZSb. #CropInsurance #AgFacts #FarmProtection #AgSupport
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On Insurance Awareness Day, we know how vital crop insurance is for farmers and ranchers and the future of agriculture. We thank each and every agent and policyholder for trusting us with you business! #insuranceawarenessday #cropinsurance #agriculture #rainandhail
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Unlock the power of crop insurance in safeguarding the world's food supply. A third of the global corn yield comes from the U.S.! Click the link to explore why crop insurance isn't just about protection, it's about survival. https://bit.ly/3xwkl9w. #cropinsurance #agriculture #farm
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#DidYouKnow that farmers who purchase crop insurance have a 70% lower chance of exiting the market than their uninsured counterparts? Affordable crop insurance is more necessary than ever. But the U.S. Department of Agriculture predicts that with continuing emissions trends, the cost of participating in the Federal Crop Insurance Program could increase by an average of 22%. The upcoming Farm Bill provides an opportunity to improve federal crop insurance and help farmers adapt to climate change. Read more in our recent article: https://lnkd.in/etnMkSqf #FarmBill #FederalCropInsurance #Agriculture #USDA #ClimateChange
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Debunking the Myth of Expensive Crop Insurance to Empower Farmers. Crop insurance is available and reasonably priced due to government subsidies and variable factors like crop type and region. Making sure farmers are capable of managing risk well is an essential component of sustainable agriculture. The good news is that crop insurance is easily available and reasonably priced due to subsidies offered by the government. These insurance covers are variable depending on the crop type region. #purplewalletinsurance #DigitalInsurance #insurance #insuretech #insuranceapp #insurancepolicy #cropinsurance #cropcoverage #FarmersInsurance #cropprotection #southafrica
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Check out my article on how federal crop insurance can assist farmers to improve their soil health and climate adaptation!
#DidYouKnow that farmers who purchase crop insurance have a 70% lower chance of exiting the market than their uninsured counterparts? Affordable crop insurance is more necessary than ever. But the U.S. Department of Agriculture predicts that with continuing emissions trends, the cost of participating in the Federal Crop Insurance Program could increase by an average of 22%. The upcoming Farm Bill provides an opportunity to improve federal crop insurance and help farmers adapt to climate change. Read more in our recent article: https://lnkd.in/etnMkSqf #FarmBill #FederalCropInsurance #Agriculture #USDA #ClimateChange
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Great insight from my good friend, Brooks York from AgriSompo . He notes for this year that crop insurance can help, but profitability will still be a challenge. Even in some areas with a crop insurance indemnity, “it may not guarantee profits but it limits those losses, across the board.” As it relates to grain marketing, the markets provided opportunities to sell grain at higher levels earlier this year, but pulling the trigger was very difficult to do. Even some of the best analysts and traders didn't foresee crop prices this low, especially relative to where input costs are today. Crop Insurance with Revenue Protection empowers producers to have confidence in forward marketing relative to their base guarantee of $4.66 for Corn and $11.55 for Soybeans, up to their coverage level of insurance prior to harvest. Diversification on the timing and types of cash grain marketing is another good way to mitigate price risk. Even taking the average price of December Corn futures from February through June, one would have an average futures price of $4.695 vs. today’s close of $3.925. As we navigate through the ebbs and flows of the agricultural markets, it’s essential to remember the value of crop insurance as a stabilizing force. Not only does it provide a shield against the impacts of natural disasters, but it also stabilizes farm revenue, ensuring a steady income stream despite market fluctuations.* Moreover, strategic grain marketing plays a pivotal role. By diversifying marketing strategies, such as combining hedge and roll strategies with marketing year cash price strategies, farmers can reduce downside risk, while maintaining upside potential, generating a solid net return per acre.** It’s about making informed decisions that align with your financial goals and risk tolerance. Sources: *worldinsurance.com; **ag.perdue.edu #Agriculture #Corn #Soybeans #CropInsurance
Will crop insurance be enough to "bridge the gap" to profitability for American farmers this year? Find out more from AgriSompo's Brooks York on RFD-TV today: https://lnkd.in/g_3SUep4 #markets #cropinsurance #rfd-tv
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This article is about US Crop Insurance but is relevant to Canadian farmers. Worth the read: https://loom.ly/auk9JH8 #canadianfarmers #cropinsurance #farmers
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Unlocking the Potential of Agriculture Insurance: Farming is a crucial industry that involves risks such as unpredictable weather, fluctuating yields, and volatile markets. Farmer crop insurance can mitigate these risks. However, smallholder farmers in developing countries often lack access to insurance due to the limited availability of suitable products and high overhead costs. Click on the link to explore more about the insurance: https://lnkd.in/gsrBJPPv #Gramcover #CropInsurance #Insurance #AgricultureInsurance #Farmer
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Farmers Edge provides Crop Insurers with regionalized yield predictions and yield variability maps to accelerate loss adjustments by an average of 2-3 months! Book a demo to learn more about our tailored solutions to support your Crop Insurance Business. https://lnkd.in/gzMPR5FG #CropInsurance #Agriculture #InsurTech
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