Direct Deposit
We often get inquiries about a mailing from the crop insurance company reminding them about the availability of direct deposit for any claim payments. This is not a requirement, but with current changes being implemented by the U.S. Postal System we believe it could be valuable for producers to utilize the offered benefit. […]
Crop Insurance Changes for 2025
ECO The USDA’s Risk Management Agency has announced positive changes to the Enhanced Coverage Option (ECO). In the past, ECO was subsidized at a lower rate of 44%. At this subsidy level, ECO was relatively expensive, and many times priced itself out of the market. Starting in 2025, ECO will be subsidized at 65% […]
Added Value for You
In the past few years there have been several changes taking place in the insurance industry. Many of these changes have been subtle, but some of them have likely affected you personally. In the news there has been headlines about many mutual companies going belly up and shutting their doors. The agricultural sector […]
Safety First
September is farm safety month and we often forget that farming is one of the most dangerous professions to be involved in. From using large machinery to dealing with unpredictable animals and everything in between, being aware of the dangers of farming can actually help us to remember to slow down. Grain bin […]
Harvest Time Reminders
As combines begin to roll into the fields there are a few important items to keep in mind while harvesting production. From reporting production, to letting us know of a potential loss, all must be done in a timely manner to not jeopardize any losses being paid. Losses If you suspect a loss […]
Carbon Scoring
Over the past year we have become interested in Carbon Scoring. This is a program that pays row crop producers when they have a smaller carbon footprint. The “Inflation Reduction Act” has made available large sums of money through the form of tax credits to renewable fuel companies that can be passed forward to […]
Market Thoughts
This is definitely an ugly time in the grain markets. Last week’s USDA forecasts were very bearish. This report indicated a huge crop that is nearing harvest along with big supplies of last years crop still on hand. The amount of farmers selling currently remains high, as producers are trying to open up bin […]
Fall 2023- Where are the opportunities?
It seems as if this year has been full of opportunities and challenges. Being a farmer, I must admit the challenges seem to carry the heaviest weight in 2023. This spring provided the most perfect planting weather that I have ever experienced. Nearly all our crops were planted without the interruption of rain. […]
When will the Drought End?
An ideal spring turned dry quickly this year. Nearly all producers across the state of Missouri saw themselves in D3 drought conditions at one point during the summer. While we did see a wet August, it appears that the dry conditions from summer are going to linger into fall. According to NOAA Climate […]
Fall Wheat
The last day to make wheat policy changes or to obtain a wheat policy is September 30th. While current wheat prices are relatively low there is considerable upside to this market. The continued unrest in Ukraine and the possibility of export restrictions has the potential to be a driver of the wheat market. […]