Billy Rose

Yeah, it's not quite that big, but it's $19 billion. So from $300 million, I'm talking premiums paid by farmers. It went up to that. It's really been a phenomenal program when you think of government programs. You've heard of FEMA, flood. It's a complete mess. And I don't see any hope for it. We're going to continue as American taxpayers to continue to fund that.

Yeah, it's not quite that big, but it's $19 billion. So from $300 million, I'm talking premiums paid by farmers. It went up to that. It's really been a phenomenal program when you think of government programs. You've heard of FEMA, flood. It's a complete mess. And I don't see any hope for it. We're going to continue as American taxpayers to continue to fund that.

Yeah, it's not quite that big, but it's $19 billion. So from $300 million, I'm talking premiums paid by farmers. It went up to that. It's really been a phenomenal program when you think of government programs. You've heard of FEMA, flood. It's a complete mess. And I don't see any hope for it. We're going to continue as American taxpayers to continue to fund that.

So the federal program, at least even though you and I are paying 54% subsidies to help our farming friends out with the cost of their premium, it is a program that is working. But you do have to make a decision by March 15th as to what your crop insurance is going to be. 90% of the farmers are buying a revenue protection RP policy at 80%, 85%. There's this gap between 85% and 100%.

So the federal program, at least even though you and I are paying 54% subsidies to help our farming friends out with the cost of their premium, it is a program that is working. But you do have to make a decision by March 15th as to what your crop insurance is going to be. 90% of the farmers are buying a revenue protection RP policy at 80%, 85%. There's this gap between 85% and 100%.

So the federal program, at least even though you and I are paying 54% subsidies to help our farming friends out with the cost of their premium, it is a program that is working. But you do have to make a decision by March 15th as to what your crop insurance is going to be. 90% of the farmers are buying a revenue protection RP policy at 80%, 85%. There's this gap between 85% and 100%.

And I want to talk about this gap real quick. This gap is really the difference between a profit and loss or maybe a loss and break even if I don't get up my yields over that APH. And so you have some choices out there. The government has a program called ECO, which is a county-based product, does pay six months after harvest, five to six months after.

And I want to talk about this gap real quick. This gap is really the difference between a profit and loss or maybe a loss and break even if I don't get up my yields over that APH. And so you have some choices out there. The government has a program called ECO, which is a county-based product, does pay six months after harvest, five to six months after.

And I want to talk about this gap real quick. This gap is really the difference between a profit and loss or maybe a loss and break even if I don't get up my yields over that APH. And so you have some choices out there. The government has a program called ECO, which is a county-based product, does pay six months after harvest, five to six months after.

It's based on the county average, not on your farm average, all right? It's kind of like going to Vegas and I'm going to bet on black and red, okay? Now, but it is subsidized by 65% this year. So it could be a good add-on on top of your RP. But what we're recommending is take a look at AcreShield because AcreShield, the county only goes to 95.

It's based on the county average, not on your farm average, all right? It's kind of like going to Vegas and I'm going to bet on black and red, okay? Now, but it is subsidized by 65% this year. So it could be a good add-on on top of your RP. But what we're recommending is take a look at AcreShield because AcreShield, the county only goes to 95.

It's based on the county average, not on your farm average, all right? It's kind of like going to Vegas and I'm going to bet on black and red, okay? Now, but it is subsidized by 65% this year. So it could be a good add-on on top of your RP. But what we're recommending is take a look at AcreShield because AcreShield, the county only goes to 95.

AcreShield goes to 100% APH, and it's based on your farm level, and we pay 45 days after harvest. So what I'm telling our farming friends is – Put your RP in there, lay in your acre shield, get that seed intelligence, and then maybe throw ECO on top of it if you want to go that extra level.

AcreShield goes to 100% APH, and it's based on your farm level, and we pay 45 days after harvest. So what I'm telling our farming friends is – Put your RP in there, lay in your acre shield, get that seed intelligence, and then maybe throw ECO on top of it if you want to go that extra level.

AcreShield goes to 100% APH, and it's based on your farm level, and we pay 45 days after harvest. So what I'm telling our farming friends is – Put your RP in there, lay in your acre shield, get that seed intelligence, and then maybe throw ECO on top of it if you want to go that extra level.

I'm covered. And we're hearing that it just feels like everyone's a month behind right now. Like even the bankers feel like they're behind. Everyone's kind of like, what's going on with politics? What's going on with price? Are you hearing something like that?

I'm covered. And we're hearing that it just feels like everyone's a month behind right now. Like even the bankers feel like they're behind. Everyone's kind of like, what's going on with politics? What's going on with price? Are you hearing something like that?

I'm covered. And we're hearing that it just feels like everyone's a month behind right now. Like even the bankers feel like they're behind. Everyone's kind of like, what's going on with politics? What's going on with price? Are you hearing something like that?

Yeah, you just talked about liquidity at bank. It's at an all-time low. Yep. Farmers need to understand, it's tight at the bank.

Yeah, you just talked about liquidity at bank. It's at an all-time low. Yep. Farmers need to understand, it's tight at the bank.