Ken Ripley

Today.

Future enhancements, maybe we'll make this better.

Right now, the only crop insurance offering for livestock is what with that product they call weaned calf.

That was new here a couple of years ago.

It's not...

It's not a very popular or, to be honest, I mean, I want to be honest, it's not a very good product.

There needs to be some improvement to that product from the RMA to make this more attractive for our cow-calf operations.

So there is livestock in it, but it's more going to be attractive for our producers that are farming multiple crops in certain states.

So the states are going to be...

North Dakota, South Dakota, all the way down to Texas, and then across over into that Georgia and those states.

So it's more of the southern kind of area of this.

Yeah.

And some of the reason why it's in those states is this product is an umbrella on top of your underlying malt apparel.

So let's say you have—

In South Dakota, you have four crops.

Let's say we've got corn, beans, wheat, and sunflowers.

So we're buying an underlying RP policy for all those.

This product, like I mentioned before, their rates are higher, so they're not generally buying the 80s and the 85s.

There's a lot of 70% and 75% level coverages in those states.

This product is going to take from their levels that they've bought on their underlying RP up to as high as 85%, but all that risk is put into one bucket and think of it as an umbrella on top of those underlying individual plans.