date:Sep 21, 2012
of South Dakota and Iowa where it was exceptionally dry. Those losses have to be measured in the field in order for the farmer to be compensated for quality discounts.
If there is any good news in all this, it's that Smith doesn't expect crop insurance rates to go up next year. RMA has to release the rates for 2013 in November, likely before adjustments for losses are completed, she said. And the actuaries who set rates use multiple years.
I really don't look for the impact of this year to hav