Forums
New posts
Forum list
Search forums
What's new
New posts
New resources
Latest activity
Trending Threads
Resources
Latest reviews
Search resources
FarmTV
Farm Compare
Search
Tokens/Searches
Calendar
Upcoming Events
Members
Registered members
Current visitors
New Resources
New posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Forum list
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Arable Farming
Cropping
Crop Insurance Launched
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="CRM AgriCommodities" data-source="post: 5961714" data-attributes="member: 29580"><p>It doesn't matter as long farmers are aware that they are insuring their physical new crop on an index currently reflecting old crop prices (there is currently a £20/T difference between these two values). i.e If you insure new crop, and the insurance kicks in at £153.95 then the market has to move a long way before this happens. </p><p></p><p>It's not the wrong thing to do, it's just about managing expectations and being aware that you aren't insured if the market drops, £5, £10, £15/T but you will obviously see that in your ex-farm price. </p><p></p><p>We have been in touch with Stable to get confirmation of this, as it would be a great advantage to have another tool to help us and farmers manage volatility, we just need to be clear on the terms.</p></blockquote><p></p>
[QUOTE="CRM AgriCommodities, post: 5961714, member: 29580"] It doesn't matter as long farmers are aware that they are insuring their physical new crop on an index currently reflecting old crop prices (there is currently a £20/T difference between these two values). i.e If you insure new crop, and the insurance kicks in at £153.95 then the market has to move a long way before this happens. It's not the wrong thing to do, it's just about managing expectations and being aware that you aren't insured if the market drops, £5, £10, £15/T but you will obviously see that in your ex-farm price. We have been in touch with Stable to get confirmation of this, as it would be a great advantage to have another tool to help us and farmers manage volatility, we just need to be clear on the terms. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Arable Farming
Cropping
Crop Insurance Launched
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top