Pegging crop insurance rates

“High crop insurance price elections essentially allow producers to lock in as high as 20-25% profit margins for the 2011 crop on these major crops - perhaps the first time in history that producers have that opportunity to do so in March - at crop insurance sign up time,” says analyst Ray Grabanski. “Rarely can farmers lock in profits - let alone 20% or more - without any risk.  But that indeed is what we have in 2011, in spite of the increase of crop input prices as well this winter.”

Last-minute insurance checkup

Farm Business Talk: This year’s insurance options