FARM BUSINESS NEWS
DTN Ag Business Benchmark
Marcia Zarley Taylor DTN Executive Editor
Thu May 23, 2013 02:25 PM CDT

HADDONFIELD, N.J. (DTN) -- The tally is in for Midwest corn farmers in 2012. Without crop insurance indemnities, their average revenues would have shrunk about $250 per acre and likely generated sizable losses on their drought-ridden crop, according to a study by the Brighton, Ill., financial consulting firm AgriSolutions.

Given the magnitude of the 2012 drought, "It is no surprise that crop insurance claim payouts per acre of corn were up last year," said AgriSolutions analyst Sam Bachman. "But it does look like farming is not nearly as risky as it used to be. At least there is a way ...

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