Let’s talk flood insurance!
On May 24th FEMA declared a major disaster in Iowa due to severe storms, tornadoes and flooding. They have amended this ongoing disaster three times. Originally, there were only four counties included in the affected areas. By June 27th, the disaster had been extended to include almost thirty counties. On June [...]
2023 Margin Protection Results
Margin Protection is a county based crop insurance product which provides up to 95% coverage. The goal of Margin Protection is to protect against low county yields, a decline in crop prices, and an increase in variable input costs. In 2023, yields were variable from county to county. There were [...]
2023 ECO Payments
ECO (Enhanced Coverage Option) is a county crop insurance product that provides up to 95% coverage. In 2023, the county revenue was less than expected. The biggest factor was the decline in prices. The Projected Price for corn was $5.91. At harvest, the price dropped to $4.88. This is over [...]
Safety Tips for Memorial Day
With Memorial Day quickly approaching, it is important to take safety into consideration regardless of your plans. Many of us will be heading out on the roads with boats/trailers, motorcycles, travel trailers and more, with our destination as the focus at hand. Here are some quick tips for some of [...]
2023’s Crop Insurance Profit Opportunity
2023 was the perfect opportunity to lock in profit using crop insurance. Many crop insurance products are sensitive to price. In 2023, the spring time Projected Price for corn was $5.91. At harvest time, the price declined to $4.88. This was over $1 decrease in price per bushel. The beauty [...]
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