There are several “quiet” changes coming to crop insurance this year
Spring planting is just around the corner and financial experts say there are some quiet changes to crop insurance this year.
The biggest difference in policies are based on planting date. Doug Yoder manages a crop agency and says for many states, the covered planting dates have been moved up allowing farmers to hit the fields earlier.
In Illinois for example, the initial planting date for soybeans has been moved up 10 days to April 5th in southern parts of the state, and April 10th in central Illinois. Initial planting in the northern counties was bumped up nine days to April 15th.
Yoder says in an effort to support farmers who plant wheat in the fall, they may now opt to plant soybeans to get another harvest-able crop out of the year.