He also reminded farmers that the commonwealth is providing $3 million for the 2007 crop year so that producers can better afford crop insurance protection. Farmers need to contact their crop insurance agent now to purchase insurance for the 2007 crop year. Crop insurance provides a cushion in case of some type of crop interruption. The high prices of feed grains present greater financial impact when there is a yield or quality reductions or there are missed price opportunity when having...

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KOLKATA: Agriculture insurance, which has remained low key till now, is all set to gain prominence after the budget allocated Rs 100 crore towards weather insurance. It is a little early to comment on this, but as part of the overall crop insurance portfolio, the company may think of comprehensive or compact products relating to rural insurance. For example, there could be a total package of the farmers hut, tools, implements, animals that could be covered apart from the crop being insured...

Farmers trying to cash in on high corn prices rotated as much as 50 percent of their cotton acreage to corn this year, but the second drought in two years may keep them from seeing any significant gains. Another factor is farmer's insurance that sometimes only covers acreage that has been planted. Ford is taking advantage of a low-cost insurance program, called Group Risk Income Protection, designed to help farmers protect their crops from disastrous losses. If a significant amount of rain...

The planning is an annual rite of spring, but this year it has huge implications for farmers in a market driven by a boom in ethanol, the corn-based biofuel that has surged in popularity partly because of rising gasoline prices and partly because President Bush declared that the U. Some are signing futures contracts to lock in prices now; some are holding off in the hope that prices will climb higher. The planning is an annual rite of spring, but this year it has huge implications for...