Crop Insurance Planning: Good Outlook for Unsold Grains, Base Acreage Adjustments Coming Next Year

Brooks York with Agrisompo joined us on Monday’s Market Day Report with some guidance on how producers can navigate their crop insurance claims for unsold grain crops.

CARMI, ILL. (RFD-TV) — With harvest complete for most farmers and crop insurance claims also drawing to an end, some farmers might find themselves with unsold bushels in the bin. Brooks York with AgriSompo joined us on Monday’s Market Day Report with some guidance on how producers can navigate their crop insurance claims on unsold grains.

In his interview with RFD-TV, York addressed whether crop insurance offers any protection from this point forward on a crop that has already been harvested. He also discussed the base acreage adjustments farmers will be able to make in the future, and how those changes can affect farmers’ crop insurance planning.

Finally, York discussed how the most recent November WASDE report, released by the USDA on Friday after the government shutdown ended, has since impacted markets.

Related Stories
This case could influence how much leverage grain shippers have when a preferred rail outlet is blocked or priced too high.
An Agri Stats settlement could signal that broader antitrust pressure across meat and protein markets is starting to turn into action.
Practical changes to retailer stocking standards promote more options all while reducing fraud and abuse in the Supplemental Nutrition Assistance Program
Farm Bureau economist Dr. Faith Parum says EPA’s final biofuel volumes keep corn demand steady and strengthen the outlook for soybean-based diesel feedstocks.
Jonathan Braley joins us to discuss rising cybersecurity threats in agriculture, the risks of ransomware attacks, and how Food and Ag-ISAC’s new guide can help businesses better protect themselves.
ASFMRA’s Skye Root joins us to discuss shifts in Western farmland markets, financial pressures facing producers, and the outside forces influencing land values and decision-making.

LATEST STORIES BY THIS AUTHOR:

RFD-TV Farm Legal and Taxation expert, Roger McEowen, with the Washburn School of Law, joined us Monday to break down the changes and explain what producers should know.
North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
Dividing up a family farming operation can be challenging, especially for children who may not want to become farmers themselves.
A booming butterfat market is good for some dairy products but threatens efficiency and margins for cheesemakers unless protein levels catch up
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.