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So a 60 Bushel Durum Crop is really 37.2.
If your 10 year average is 60 at 70% coverage your guaranteed 42.
Minus the 37.2 your covered for 4.8 bushels a acre x 5.44= $26.11 an acre x 1000 acres your getting a check of $26,112.00 And have shit to sell.
Ah what a system just like the 2002 frost and 2004 frost.
But if your average is 50 bushels an acre at 70% you over produced and get nothing.
Yea no cash crunch here. Producers are Happy Happy Happy.
If it's correct good. But most don't have a 60 10 year average try 40 at 70% is 28 so check is same. No big pay day just enough so you don't hang your self.ah farming what a life.
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