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Crop insurance level an important factor when considering prevent plant

The level of crop insurance is a significant factor when considering prevented planting.

University of Minnesota Extension educator David Bau says for corn, farmers taking prevent plant receive 55 percent of their original guarantee.

“So depending on their yields, at 185 bushel APH, 85 percent coverage is roughly $346 dollars an acre. Is that enough to make it work if they planted fertilizer? What is their cost of paying rent? It may not pencil out as a profit, but they might not lose that much either.”

Bau says crop insurance policy holders are required to notify their insurance agent within 72 hours after the Final Planting Date if they plant on filing a prevented planting claim.

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