Marcia Zarley Taylor DTN Executive Editor
Thu Oct 16, 2014 02:28 PM CDT

Beware Gaps in SCO

"I don't see the need to purchase SCO at all," a crop insurance agent asked at an ag economics meeting last week in Louisville. "Wouldn't the money be better spent to buy an extra 5% or 10% extra in individual revenue insurance coverage?"

Good question. If commodity prices continue to flounder, more growers may be leaning toward adding the Supplemental Coverage Option (SCO) to their Production Loss Coverage under the new 5-year farm bill. But just be aware that all crop insurance coverage isn't created equal.

Most of the Midwest buys crop revenue coverage at 75% ...

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