Margin Protection Is Still a Great Deal, and Expanded for 2024!

Margin Protection insurance is available again for 2024, & this year coverage has been expanded to include all 48 continental states for corn and many more areas for soybeans! Conceptually, Margin Protection isn’t that complex – it takes the Revenue Protection policy that we’ve been buying for 20+ years, and subtracts a cumulative input cost number, to create an insurable margin. Those inputs are made up of several variable inputs – urea, DAP/MAP, potash, diesel, & interest – along with a fixed input amount that’s the same in every county. Corn, soybeans, & spring wheat, along with those variable inputs, are all setting their base prices for 2024 right now

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