Farmers are always looking for and needing reliable crop insurance to protect themselves, their fields, and the crops they produce from them. Farm Credit Services of America has a recently new product in the crop insurance field for farmers and producers that is called Margin Protection insurance.
Vice President of insurance for Farm Credit Services of America (FCSA) , Doug Burns talks about what Margin Protection insurance is and how it protects producers.
There are many inputs can be covered with insurance. Burns discusses some of those inputs that the Margin Protection covers.
Burns further talks about how those costs are determined based on commodity prices from the county and yields. He mentions that there is a blend from a lot of different areas that determine the cost of the insurance.
Burns encourages farmers and producers to look into and discuss with an agent at Farm Credit Services about Margin Protection. He mentions a few ways to contact the people at FCSA.
For more information about Margin Protection insurance, visit here.
