Made For Agriculture hosts Adam Jones and Cameron Horine discuss the nuts and bolts of crop insurance with two MFA Crop Insurance agents. Davin Harms and Blake Thomas discuss lots of rules, acronyms and just how crop insurance works for farmers.
What’s your breakeven? Whether it be cost of inputs, rent or labor, it is important to know where your hard-earned dollar is going in any given year. When asked your cost per acre for corn or soybeans, you may not know off the top of your head. But once you have the patience to sit down and truly figure the costs, it doesn’t take much time to determine a net income.
Even with all those calculations, there is still one expense that may affect your bottom line unexpectedly: the unit structure on your crop insurance policy.
How much do you know about your crop insurance policy? Complete the following quiz to make sure you know your policy. (Originally printed in Today's Farmer magazine, Feb. 2019.)
This year MFA Incorporated began working with AmTrust Ag to provide crop insurance for our customers.
Click to subscribe to the print version of our member magazine. Today's Farmer magazine is an award-winning ag publication that is published 9 times yearly.
Read the latest issue HERE: