Global ag risk solutions

[newguy]

Sask farmer.What would you guys been looking if the weather block did not settle in for the whole spring? Is that normal? Think you lucked out.When it moves that is when normal will come back.The system even fooled weather experts only a few days away from huge rain events this spring.who lucked out that those huge rain events were blocked? Those huge events happened this year in the east Canada.not sure anything to do with mother nature can be described as normal.Unless one considers extremes the new normal.

[mbratrud]

I Really like the concept and that they are trying to offer a revenue program and once the program grows up I will consider participating. I understand their desire to keep the program simple which is appealing.

I'm still not sure why they do not Include fuel to their list of expenses. They are worried that it can be manipulated or cheated on, there are a lot more significant loop holes in their program that. For example if you were in a claim position you could make sure to sell everything FOB the Farm = lower Revenue vs. Higher revenue with a fuel bill I cannot deduct.

I also believe margin eligibility should be based on your production. they associate all the risk to the premium you pay. Some of the risk should be transferred to them if you are a higher revenue farm. If my revenue is on average $100 acre more than another farm because I farm more productive land (which costs me more money) I should have an opportunity to purchase more Margin for the same price no?


Our farm had a decent claim from Ag Stability from the flood of 2011 it was a terrible year. We went 50% unseeded but what we had seeded performed very well. We would not have claimed anything from Gars in that year. A drought year with low Revenue and High inputs should be a true test of the programs effectiveness.


For now I find that 80% coverage in crop insurance and budget for options contracts, I can give myself coverage that requires a much less catastrophic loss to be covered and protect some of my upside.

Every farm is going to be working on different numbers and GARS definitely is a great options for some farms. I will continue to follow the program and watch it evolve, and someday perhaps it will have a fit on our farm.

[makar]

I am under 1500 acres, they wont even talk to me, screw them.

[freewheat]

There is not a doubt that there seems to be an elitism to their club. But when you read into it more, why would they want to insure us under 2000 acre guys? We don't matter. lol I mean on their website, under the guise of good management instead of shear luck, they yammer about how they are looking for top managers. What happens when it doesn't rain for those top managers, huh?