A New Risk Management Tool for Crop Producers
Date
2015-01-01
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Research Projects
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Abstract
A new crop insurance product, “Margin Protection,” was introduced by the USDA this fall. The product provides corn and soybean producers in Iowa (and rice and wheat producers in selected states) with a margin guarantee. The product was developed by economists at Iowa State and Watts and Associates in Bozeman, Montana. The sales closing date for MP in Iowa is September 30.