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.)
Here is MFA Incorporated's current list of 2019 agents. Please visit the MFA Crop Insurance website or contact you local MFA affiliate for more information about MFA Crop Insurance.
This year MFA Incorporated began working with AmTrust Ag to provide crop insurance for our customers.
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