date:Nov 07, 2012
ference between a financial hardship and getting the crop into the ground next year, says Federal Crop Insurance Corporation (FCIC) manager William Murphy, who recently spoke on the topic at the University of Missouri (MU).
Specific to that state, MU ag economist Ron Plain says crop insurance has, at least in the last decade, made financial sense considering the payout from federal crop insurance indemnities was almost twice the amount paid into the program by farmers ($1.80 and $1.00, respecti