Arkansas, Dakotas growers protest elimination of buy-up coverage
Arkansas, Dakotas growers protest elimination of buy-up coverage
Corn, soybean and rice producers in regions prone to spring flooding are criticizing an Agriculture Department decision to eliminate buy-up coverage for prevented planting insurance.
Prevented planting coverage compensates farmers who are unable to plant for certain reasons, like floods, hurricanes, or excess precipitation that occur within a certain window of the planting season. Indemnities are based on a producer’s insurance guarantee. Prior to the rule change, producers could choose to pay a
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