FARM BUSINESS NEWS
Brazil Crop Insurance - 1
Alastair Stewart South America Correspondent
Wed Dec 11, 2013 08:38 AM CST

SAO PAULO, Brazil (DTN) -- Surveying his fields back in January 2012, all Humberto Vonwonski saw was parched soybean plants.

A localized drought in his fertile corner of Brazil had caused fields that regularly yield 42 bushels per acre to produce just 15 bpa.

Luckily, Vonwonski had chosen to take out insurance covering 70% of his projected revenues on his 2,200 acres in Campo Mourao, in northern Parana state.

"Without the insurance, I would have lost a lot of money on that crop. It would have set me back a couple of years," he told DTN.

Vonwonski's story is rare ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
Related News Stories
Dr. Dan Talks Agronomy
Brazil Fertilizer Production Stagnant
N and Soybeans
DTN Retail Fertilizer Trends
DTN Fertilizer Outlook
Farming on the Mother Road - 5
DTN Retail Fertilizer Trends