FARM BUSINESS NEWS
Crop Insurance Defense - 1
Mon Mar 3, 2014 11:05 AM CST

HADDONFIELD, N.J. (DTN) -- With 2014 crop insurance guarantees a mere shadow of their 2012 or 2013 levels, basic crop insurance policies could offer flimsy protection from revenue disasters this year.

So producers like Michelle and John Stewart of Sheridan, Ill., are mounting a counter-offensive: They purchased the maximum 85% Revenue Protection coverage levels on corn land they farm. In addition, they supplemented it last December with a novel rider from a private insurance company that could boost their corn guarantee by about 50 cents per bushel over the spring price. The bonus triggers if they suffer a revenue loss ...

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