Protecting Your Margin
Aug 29, 2019
By Jim Ward, Director of Risk Management
One of the newer options offered through the Risk Management Agency (RMA) is a program called Margin Protection (MP). It has been an option in the dairy industry for a few years but only recently has it been offered for row crop. MP is an area-based insurance plan that provides coverage against an unexpected decrease in operating margin (revenue less than input costs), caused by reduced county yields, reduced commodity prices, increased prices of certain inputs, or any combination of these perils. The sales closing date for MP is September 30, 2019. More information will be sent out on MP over the next few weeks.
Please contact Jim Ward, Director of Risk Management, with any questions.
Office: 785-742-2196 Cell: 785-741-1652
One of the newer options offered through the Risk Management Agency (RMA) is a program called Margin Protection (MP). It has been an option in the dairy industry for a few years but only recently has it been offered for row crop. MP is an area-based insurance plan that provides coverage against an unexpected decrease in operating margin (revenue less than input costs), caused by reduced county yields, reduced commodity prices, increased prices of certain inputs, or any combination of these perils. The sales closing date for MP is September 30, 2019. More information will be sent out on MP over the next few weeks.
Please contact Jim Ward, Director of Risk Management, with any questions.
Office: 785-742-2196 Cell: 785-741-1652