With a hot, dry summer, some yields may be down. “We’re going to have some potential revenue losses for soybeans, for sure,” said Reed Ihry, agent, Ihry Insurance. “There is a potential 15-to-18 percent price drop. We want guys to take a look at their production numbers. You might have a loss, even if you have a pretty good quarter of land.” Ihry says renewal time is coming up for Pasture, Rangeland, Forage policies in November.
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