Insurance Option Raises Crop Yields

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Beginning with the 2012 crop year, farmers purchasing crop insurance for corn and soybeans in 14 Midwestern states will have the option to use the Trend-Adjusted Actual Production History Yield Endorsement. This endorsement will allow farmers to increase the yields used in calculating crop insurance guarantees. According to University of Illinois Extension farm management specialist Gary Schnitkey, electing to take this endorsement will give farmers more coverage for the same cost. A decision to elect the endorsement must be made by March 15, 2012.

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