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Crop Insurance and 2008 Yields

Posted by on 29 Feb 2008 at 8:40 am under Crop Insurance

There’s a 30% chance that harvest prices will exceed Crop Revenue Coverage (CRC) limits in 2008, according to University of Illinois Extension farm financial management specialist Gary Schnitkey.
This probability is much higher than has existed in previous years. Higher chances of exceeding CRC limits increase the value of Revenue Assurance crop insurance relative to CRC.
CRC [...]

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