Farming is an inherently risky business, and, unfortunately, it sometimes feels like there’s nothing you can control. However, that makes it even more important to take the reins for things you actually can control. Doug Burns, regional vice president of insurance with Farm Credit Services of America, talked about Margin Protection and how it helps protect producers’ profits.
Burns said there are several things that make Margin Protection different from other crop insurance products.
Burns also talked about how Margin Protection has benefited producers in recent years.
So why should producers consider Margin Protection for the 2024 crop year? Burns said producers need to consider having a safety net, especially with the market volatility we’ve seen recently.
While Margin Protection sometimes works better for some growers than for others, Burns said the potential for individual policies makes it adaptable for any producer.
Burns added that there are several ways for producers to learn more.
For more information, visit fcsamerica.com.
