Just like to add a comment or two about the so called poor managing farmers. In our neck of the woods those kind were gone long ago and in fact so are a lot of good managers as well. Take for example this year a farmer seeded 40% of his acres prior to May 22, likely will miss the frost but he screwed up and ordered too much rain let's say 4.5 inches 23 of May and since then about 5 inches more and has lost on average 30% of his crop on those acres, and remaining acres because it was seeded into cold ground and too much rain and minus 8 after seeded crop is only fair. His remaining acres most seeded after 10th of June, beautiful crop coming, but let's say 70% chance frost will get it either grade or yield and now after recent rain may loose a few acres. Now before the fall arrives who here would like to tell me when this farmer was a good manager and when he was a poor one. When he seeded before the 23 May 4.5 inches or after? It drives me up the wall to hear fellow farmers knocking other farmers as poor managers. The biggest reason we have these crap programs is those farmers who keep insisting that the other guys must be poor managers, then governments throw that back in all of our faces saying see even farmers are concerned that we don't want to have a good program because that .01% of farmers not planning well might get a dollar or two too much therefore none of you will have a good program and none of you will get much of anything.
This is reality of Crop insurance in Saskatchewan. Most farmers good bad or ugly managers had in the last 5 years drought, hail, frost and now 2 and 3 years of flood loss. Therefore 4 years of basically 0 yield or very little. So because our insurance bases out of 10 years here is our coverage take the 4 years at 0 in the 10 years leaves 60%, premiums run about 10% so netis down to 50%, now we can only insure 80% max, so basically 80% x 50% leaves us insuring 40% of what a crop should be.
So for those so wise as to put down their fellow farmers, what is your secret to order rain when there is drought, heat when it's going to freeze, dry when it rains etc, etc. and finally survive when you loose that 60% of acres to August 15 frost and the early 40% of acres turn out mediocre and you crop insurance is gonna give you 40% of what you need to grow to survive.
This is reality of Crop insurance in Saskatchewan. Most farmers good bad or ugly managers had in the last 5 years drought, hail, frost and now 2 and 3 years of flood loss. Therefore 4 years of basically 0 yield or very little. So because our insurance bases out of 10 years here is our coverage take the 4 years at 0 in the 10 years leaves 60%, premiums run about 10% so netis down to 50%, now we can only insure 80% max, so basically 80% x 50% leaves us insuring 40% of what a crop should be.
So for those so wise as to put down their fellow farmers, what is your secret to order rain when there is drought, heat when it's going to freeze, dry when it rains etc, etc. and finally survive when you loose that 60% of acres to August 15 frost and the early 40% of acres turn out mediocre and you crop insurance is gonna give you 40% of what you need to grow to survive.
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