Friday, April 8, 2011
Limited Irrigation Insurance Coverage?
Not only does dryland crop insurance not adequately cover the production or revenue losses a producer could face with a limited irrigated crop, but it also doesn’t provide as much collateral for the bank, when seeking next year’s loan, as would occur with a limited irrigated crop insurance. This alone is another reason to provide this new tool.
Agricultural engineers in all 3 states have developed crop production curve tables, also known as Irrigation Yield Adjustment Tables. These tables are expected to serve for the production guarantee during the transition of getting four or more years of limited irrigated crop harvests. We are fully supporting RMA's efforts as the enhanced management areas of GMD 4 are going to be instant recipients of the program if they implement their reduced water usage plans in 2012 through 2016.