As far as farm programs, I do feel that we are better than a few years ago. I am at the point that I don't believe there will be any other "govt" programing or upgrades than what we have now in crop insurance, ag-stability, and agri-invest.
For me this year my options were, up to 80% crop insurance, expensive but way more coverage than 10 years ago, I don't think we will be in a claim at this point, we could have topped up this coverage with Agi3 , again not cheap but a very straightforward top up for yield coverage. We always get hail every few years so usually buy some. We did buy Gars this year, at this point unsure if its going to pay. There are so many options and coverage levels so anything is possible. I do know from others if you buy a low premium product you are far less likely to trigger. I expect lots to trigger big if the right product was bought. We did buy Just solutions in the past and never triggered.
I have had doubts about Ag Stability value for years but our MNP accountant and team always felt it was good value, mind you they make money doing program work too. I kinda think this will pay off for a lot of people this year. We will see with that. At the end of the year I don't think it will be pretty overall but the pendulum always swings back each way. I think the highs are in for land in my parts, expecting to see prices drop a little pretty soon. Just live to farm another day.
For me this year my options were, up to 80% crop insurance, expensive but way more coverage than 10 years ago, I don't think we will be in a claim at this point, we could have topped up this coverage with Agi3 , again not cheap but a very straightforward top up for yield coverage. We always get hail every few years so usually buy some. We did buy Gars this year, at this point unsure if its going to pay. There are so many options and coverage levels so anything is possible. I do know from others if you buy a low premium product you are far less likely to trigger. I expect lots to trigger big if the right product was bought. We did buy Just solutions in the past and never triggered.
I have had doubts about Ag Stability value for years but our MNP accountant and team always felt it was good value, mind you they make money doing program work too. I kinda think this will pay off for a lot of people this year. We will see with that. At the end of the year I don't think it will be pretty overall but the pendulum always swings back each way. I think the highs are in for land in my parts, expecting to see prices drop a little pretty soon. Just live to farm another day.
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