Crop Insurance Remains a Key Tool as Volatility Becomes The New Normal

AgriSompo’s Brooks York discusses price protection levels, recent market declines, and risk management strategies for producers.

CARMI, Ill. (RFD News) — Mixed weather patterns and market volatility are top of mind as farmers navigate the growing season. With so much uncertainty, crop insurance remains a key pillar of risk management for many producers.

Brooks York with AgriSompo joined us on Monday’s Market Day Report to provide insight on the current market environment.

During his conversation with RFD News, York discussed price protection levels available in many crop insurance policies and why recent market declines have prompted some farmers to take a closer look at their coverage.

He also discussed the factors driving the recent downturn in commodity prices and shared advice on navigating a volatile market environment.

Related Stories
Growing milk supply may pressure prices ahead.
Export growth remains key for grain profitability.
NCGA Chief Economist Krista Swanson discusses the evolving role of ethanol in the current energy crisis, opportunities for expanding corn discusses the evolving role of ethanol in the current marketdemand, and the industry’s outlook moving forward.
Ag Secretary Brooke Rollins surveys Nebraska wildfire damage as cattle losses, tight supplies, rising imports, and beef industry investigations impact U.S. markets. Roger McEowen outlines legal and tax considerations for ranchers recovering from wildfire damage.
USDA Cattle-on-Feed report for March shows slightly lower inventory and higher February placements, signaling a tighter supply but steady outlook for the U.S. cattle herd.
Ranchers have a lot going on at the moment, but some ‘friendly’ news could be coming with this month’s Cattle-on-Feed Report from the USDA.

Knoxville native Neal Burnette-Irwin is a graduate from MTSU where he majored in Journalism and Entertainment Studies. He works as a digital content producer with RFD News and is represented by multiple talent agencies in Nashville and Chicago.


LATEST STORIES BY THIS AUTHOR:

The annual event blends livestock shows, youth competitions, and family-friendly attractions in the heart of Austin
Experts warn pests could reduce yields and raise costs for producers
Recent USDA reports show a steady feedlot supply despite growing consumer demand for beef, ahead of typical seasonal summer trends.
University of Nebraska-Lincoln highlights hands-on programs preparing students for a wide range of agriculture-related fields
RFD NEWS Correspondent Tammi Arender takes us to Produce Ridge, where we meet Louisiana farmer Charles Holley as he continues a family legacy over 100 years old, and teaches his grandchildren the value of working the land.
Reported results include stronger in-season nitrogen response, average yield gains of more than seven bushels per acre and more than $18 per acre in net return.