GRIP-HR: A Good Product for 2013

Gary Schnitkey ( February, 2013 )

Summary

Group Risk Income Plan with the Harvest Revenue Option (GRIP-HR) has features that make it an attractive crop insurance product this year. GRIP-HR will make large payments in a drought year, a concern of many farmers as dryness extends across much of the western corn-belt and Great Plains. GRIP-HR also will make large payments if prices decline, a distinct possibility given large projected plantings of corn.

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farmdoc

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University of Illinois

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