Approaching crop insurance
An insurance specialist suggests some farmers are approaching crop insurance differently.
Nellie Urban with Farm Credit Services of America tells Brownfield, “In the last few years, we’ve seen more producers looking at how their risk management plan can maximize revenue opportunities rather than just trying to insurance against disaster.”
She says a strong risk management program allows producers to forward price and take advantage of market opportunities earlier. “This can be accomplished by using endorsements, private products, or structuring your policy that fits your operation.”
Urban says there are now more choices than ever when it comes to crop insurance.