Crop Insurance |
|
 Crop insurance is a valuable risk management tool that allows growers to insure against losses due to adverse weather conditions, fire, insects, disease, and wildlife. Crop insurance is federally subsidized and is sold by private crop insurance agents. Farming is a high-risk business. As you know, a person can use the best seed, chemicals and management practices, but the weather can still destroy your crops. Since you cannot control disasters, it may be wise to transfer some of the risk to crop insurance in exchange for a manageable premium that can be a part of your operating budget. Crop insurance can also work as part of a seamless package with pre-harvest crop marketing programs that can help to increase profits in good years.
|
|
