Hindsight is always 20/20. If you were unsatisfied with your crop insurance coverage in 2019, you still have time to make changes for 2020. Any of our crop insurance agents here at Ursa Farmers Coop can run different quotes & scenarios to make sure your policy is set up to adequately protect your acres. Do… Continue reading Were Your Bushels Protected in 2019?
Going into the report, the March average of analysts estimates on carry out are virtually unchanged from their February figures. The average estimate on corn is 1.882 billion bushels, with wheat at 943 million and bean guesses up slightly at 432 million bushels. The report came out at 11:00 am March 10, 2020 and the… Continue reading March USDA Stocks and Demand Report
The crop insurance pricing period wrapped up the end of February. The 2020 corn price was announced at $3.88 per bushel, down 12 cents, or 3%, from last year. This makes the second worst spring average in the past decade. For soybeans, the spring price was announced at $9.17 per bushel, down nearly 4%, or… Continue reading Crop Insurance Pricing
Are you satisfied with your crop insurance coverage? Were your prevent plant claims timely paid in 2019? Have you turned your production into your crop insurance agent yet? These are all important things to consider when thinking about crop insurance for 2020. Here at Ursa Farmers Coop we have a dedicated group of adjusters covering… Continue reading Crop Insurance Deadline Approaching
As the USDA’s February WASDE report was the first update since the signing of the Phase One Trade deal with China. It could lead to some interesting reading. However, there were very few concrete developments since the signing, so it looks like the USDA has chosen to take a more wait and see attitude. As… Continue reading February WASDE Report
The time to choose between ARC vs. PLC is quickly approaching. As part of the 2018 Farm Bill, farmers will have the option of choosing between ARC (Agriculture Risk Coverage) and PLC (Price Loss Coverage). You have the option of choosing by farm number and by crop. The deadline is March 15, 2020 for the… Continue reading ARC vs PLC….? We have the tool to help!
The January report has been known to produce surprises. Although the results were not what most expected or were hoping for the results were not as dramatic as some feared. Most private firms were leaning towards reduced yields of down .8 bu. in corn and .3 bu. in beans. The USDA saw it different in… Continue reading January USDA Production Results