Lentils and peas

[bucket]

FFS hobby.....lyle stewart helped buy the rlection by putting the lentils at a high price.

It's a crop insurance play for sure.

Lots of guys will seed light and look for an excuse ....then there are the guys with good neighbors and bins.

Few years back two guys grew chickpeas and lentils. One guys bin got the chickpeas the other gor the lentils. ....they evened it out with paper custom work.


They are both "**** of the walk" today.

[sumdumguy]

Crop Insurance should really limit the coverage to zones. If the coverage levels are high enough to guarantee a profit, some guys will plant anything.

[farmaholic]

Geeze, I wish I could farm AgStability...because I'm not in Crop Insurance.

Something is wrong with that picture.

Because I'm not in it I have to ask. Can they adjust the prices you're insuring against later in the game if prices collapse or is that part of the formula used to calculate the indemnity guaranteed?

[bucket]

Ask yourselves this.....

Who do you think benefitted the most by insuring lentils at a high price.


Then ask who do you think backs the likes of rural politicians?

[furrowtickler]

All crop insurance premiums may take a significant jump next year

[Klause]

For crying out loud all coverage went up thru crop insurance. Why? Trend line yields are higher and dollars per bu which FOLLOW MARKETS are higher this yr than last.

[farmaholic]

......its only when farming the program makes more sense/profit than the land...... for crying out loud!

[farmaholic]

I plan on making some damn good whine with my sour g****s.....I hope it's not too dry.

[Flatlander]

Do any of you guys look at the premiums? FFS with a 50% deduction, and you don't get that f'n the system, lentils are $20 coverage. Plus after all these wet years, here, lentil acres have been really scaled back due to complete wrecks in '09,'10,'11,etc. There were likely be areas with excellent lentil conditions. I suggest with poor coverage and poor discount crop insurance bill might be the last nail. People that farm crap insurance stop farming, soon, in my view. Not a sustainable business plan. We shouldn't even talk like this if you have evidence of abuse do something. We all pay for that as farmer and taxpayer

[hobbyfrmr]

Bucket, my WAG is the industry? No matter the quality there will be more volume to grade, handle and ship to a destination.