The world of agriculture is putting 2019 in the rear-view mirror and welcome in a brand-new decade. For Wilmot, South Dakota farmers and rancher Jason Frerichs, that means monitoring where market prices go. “If it looks like it will be a wetter spring, I’m sure we’ll see less corn planted and maybe more soybeans, especially if the potential there to lock in a decent price.” If the wet trend continues into spring 2020, Frerichs adds having conversations with your crop insurances agent will be important. “Last year, I had the option to buy-up prevented plant coverage a little higher. It obviously comes with a cost and you have to weigh those differences,” says Frerichs. “In 2019, South Dakota had the most PP acres in the nation, so it paid for those who explored that option.”
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