Crop insurance decisions need to be locked down by March 15. With the pricing period for crop insurance guarantees now wrapped up, this is crunch time for farmers and crop insurance agents. AgCountry Farm Credit Services Senior Vice President of Insurance Tony Jesina believes it has never been more important to focus on risk management. “Look at the investment in agriculture, it’s at an all-time high with land costs, input costs, your risk management plans should also be on the top of your mind.” When margins are tight, there is a tendency to scale back on expenses. However, “I would challenge you not to scrimp on your risk management plan because that is the only input cost farmers have that guarantees revenue.” Listen to the full interview.
