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Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 9/12/17
Farmers have until September 30th to determine whether to purchase Margin Protection, a new crop insurance product that provides payments when a harvest revenue-cost margin is below a guarantee set based on an expected revenue-cost margin. Users of Revenue Protection (RP) could use Margin Protection (MP) to provide an extra band of protection on top of the RP policy. We will discuss this option in this article. For more of this story, click here.
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