Crop Insurance

Crop Insurance Workshop to Focus on Risk Management Strategies

October 20, 2016
Learn about managing your risk in the current ag climate at a Nov. 9 Nebraska Extension crop insurance workshop. Speakers will be from the University of Nebraska-Lincoln, Nebraska banking industry, agribusiness, and the Nebraska Department of Agriculture.

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Nebraska map showing risk levels of irrigated corn production in Nebraska, based on insurance data
Nebraska map showing risk levels of irrigated corn production in Nebraska, based on insurance data

Nebraska Corn Production Risk by County Using Crop Insurance Data

July 13, 2016
Farmers know that yield risks vary across the state; however, the ability to compare yield risk between counties is new. Using crop insurance premium calculation data, we can quantify the expected insurance payment (or indemnities) by evaluating the county crop insurance reference rate. A high reference rate value implies higher historical payments and consequently more production risk and a higher crop insurance premium. Lower reference rates imply lower risk and lower premiums. Risk varies widely from one end of the state to the other, highlighting the need to consider general recommendations broadly and customize decisions to your data and situation. County-level risk maps for irrigated and non-irrigated corn production in Nebraska are included.

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