Uncertainty in almost all ag markets is making business decisions tough for many farmers. To help sift through some of these grey areas, Top Producer held a panel discussion with two experts during the National Farm Machinery Show.
Crop Insurance Coverage
Chris McCray, Silveus Insurance Group agent, says crop insurance is a good way to help manage risk. "But, not all programs are available everywhere," he says. "You need to look at your cost of production and determine what level of projection coverage you need."
"When I look at any type of decision in crop insurance, I look at a net decision.
Working With Options
Dan Zwicker of ADM Grain Group says the U.S. is in an era today where we don't know what we'll wake up to. "There's a lot of uncertainty out there."
Zwicker beliefs the instability in the markets will be around for awhile.
Watch as McCray and Zwicker comment on how to overcome this volatility: