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
For farmers, better data may not solve every local rail problem, but it can make service failures easier to document.
RFD News Farm Legal Expert Roger McEowen shares the major role of timing clauses in farmland sales, leases, and succession planning.
At the center of the announcement is the Blue Point Project in Louisiana, a $3.7 billion ammonia facility, USDA says, that will become the world’s largest ammonia plant once completed.
Passing a farming operation to the next generation causes incredibly complex challenges, so estate planners often use the QTIP Trust, a powerful estate-planning tool, to bridge the gap.

LATEST STORIES BY THIS AUTHOR:

RealAg Radio’s Shaun Haney joins us to discuss Canadian farmer sentiment, saying many are also struggling with profitability and long-term outlook in agriculture.
Several fires have merged into Kansas’ largest active wildfire as crews continue battling shifting winds and dry conditions.
The Texas Agriculture Commissioner says crews are still working to contain fires while farmers and ranchers begin assessing damage.
Volunteer firefighters describe devastating scenes as crews continue battling multiple fires across the region.
USMEF President and CEO Dan Halstrom joins us to discuss China’s renewed access for U.S. beef facilities, the outlook for exports, and key conversations taking place at this week’s Spring Conference.
The work could apply to ready-to-eat meals and delicate foods such as freeze-dried berries.