In 2023, the University of Nebraska-Lincoln's Testing Ag Performance Solutions (TAPS) program had some surprises with a local hail event and a declining corn market. With this advent and the volatile corn market, contestants’ insurance and marketing choices were critical to their profitability. In this webinar, TAPS leaders discuss the effect of the many different strategies and decisions made in four of Nebraska’s contests: sprinkler irrigated corn, sub-surface irrigated corn, dryland/irrigated sorghum, and popcorn. Some questions addressed are: 1) How much did forward pricing pay off?, 2) How effective was crop insurance in covering losses?, and 3) Does level and type of protection matter?.
