As repairs continue on the collapsed tunnel in the Goshen/Gering-Fort Laramie Canal, unanswered questions remain about whether crop insurance will cover crop losses. Until that's determined, farmers in the affected area need to manage their crop as if water will return to the canal.
Uncertainty about national grain production as well as local yields has put farmers in a tough place. Should they sell growing crop now, or wait? This articles looks at two examples as well as what to consider with a hedging strategy.
The Gering/Ft. Laramie Irrigation District and the Goshen Irrigation District (Wyoming) held stakeholder meetings this week to discuss the status of canal damage and repairs and how to restore irrigation water to 100,000+ acres. Initial canal repairs have started, with tunnel repairs expected to start soon.
Surface-water irrigators in the North Platte River Valley south of the river in western Nebraska and eastern Wyoming have lost their water supply due to a washout in the main supply canal early Wednesday morning (July 17). The Bureau of Reclamation is assessing the damage.
The difference between a good farmer and a great manager often comes down to knowing the true financial position of a farm. Good records make it possible to track an operation’s financial position. Learn how to get your records in order at upcoming workshops in Lincoln and Bridgeport.
This week when the USDA Risk Management Agency changed the deadline for grazing, cutting, or haying cover crops planted on prevented planting acres to Sept. 1, new options opened up for selecting cover crops to best meet the end use and to provide higher quality feed for cattle. Learn about what to consider when selecting cover crops and how your choices can affect prevented planting payments.
If wet conditions kept you from getting all your corn planted by the final RMA planting date for Nebraska corn, there are other options to consider. This article was revised June 7 to clarify and correct information on planting another crop on ground claimed for prevented planting for corn. On June 20, 2019, RMA changed the deadline after which haying and grazing would be allowed on cover crops planted on prevent plant acres from November 1 to September 1.
Farmers who have lost wheat because of harsh winter weather should consider the crop insurance implications of planting another crop. This article examines crop insurance considerations for producers who selected the “Winter Coverage Endorsement.”