Tomorrow is the deadline for farmers to sign up for an add on crop insurance coverage program. It’s called Margin Coverage and is for the 2022 crop year. Retired Iowa State University Extension Farm Management Specialist Steve Johnson says there are really good prices now for those who choose to sign up for Margin Coverage.
He says those producers who use mostly revenue protection will see the advantages of adding on Margin Coverage.
Johnson compares using Margin Coverage to putting a rider on your regular insurance policy.
Johnson advises that a farmer work closely with his crop insurance agent and see if Margin Coverage is a good fit for his operation. Again the deadline is September 30.
