CLU vs Precision Acres: Whatโs the Difference and Why It Matters
Now that you know what CLU acres are, itโs time to look at what comes next: Precision Acres. CLU vs Precision Acres matter, and you need to understand the difference. CLU maps are the standard for all USDA programs and crop insurance policies. But they do not always show how [...]
CLU Acres: How it Affects Your Policy
CLU acres are at the heart of your crop insurance, but most farmers donโt know what they are. That can be a problem. If your reported acres donโt match the boundaries in the USDAโs system, you could face denied claims or reduced coverage. Thatโs where understanding CLUs makes all the [...]
Plant Smart, Stay Covered: Spring Planting
Crop Insurance Reminders Before Spring Planting As we head into April, the anticipation is building. Planters are getting prepped, monitors are being checked, and farmers across the Midwest are getting ready to go. Before you start planting, it is important to make sure your crop insurance policy and your planting [...]
How Farmers Get $10Billion New Assistance Payments
The news: The USDA has announced $10 billion in economic assistance payments for growers of major field crops, including corn, soybeans, wheat, cotton, and rice. The USDA says the application window will start on Wednesday, March 19th. Pre-filled applications will be sent to farmers. Why it matters: This aid is [...]
The Value of RTK Technology for Accurate Field Boundaries
In todayโs unpredictable agricultural landscape, farmers face mounting risks from weather, market volatility, and input costs. Fortunately, the integration of crop insurance, precision technology, and RTK (Real-Time Kinematic) Boundaries offers a powerful trifecta for managing these uncertainties. By combining the financial safety net of crop insurance with the data-driven insights [...]
Crop Insurance Commodity Base Prices for 2025 Finalized
The Price Discovery Period for crop insurance has officially wrapped up, and that has large effects on your policyโyour coverage guarantees are now locked in. The final commodity prices for 2025 crop insurance have been set: Corn: $4.70 | Volatility: 0.18 ย Soybeans: $10.54 | Volatility: 0.14 Spring Wheat: $6.55 | [...]
Is 2025 Going to be the Next Big Drought Year?
By: Lucy Sledge https://vimeo.com/1053046225?share=copy Perhaps youโve heard that 2025 is the year of a โBig Droughtโ for the Midwest, but is that weather truth or folklore? Before you start to make farm planning choices for 2025 based on folklore, it is a good idea to understand what is fact-based and [...]
Precision Risk Management Earns Top Honors at Best of NAMA Awards
FOR IMMEDIATE RELEASESioux Falls, SD - [January 17, 2025]โ Precision Risk Management (PRM) proudly announces its recognition at the National Agri-Marketing Associationโs Best of NAMA - Region 3 Awards last night, where the company earned three prestigious honors celebrating its innovative marketing efforts. PRM received first place in the Digital [...]
What 2024 Harvest Prices Mean For You
The 2024 harvest prices are out, and both corn and soybeans came in much lower than last year, setting up some important implications for your crop insurance coverage. The Harvest Prices for Corn and Soybeans are: These Fall Harvest Prices will determine if many farmers have a loss and are [...]
About Erick Schminke, Director of Sales
I began my career in crop insurance on January 28th 1986 I remember the date because it was the same day that the Space Shuttle Challenger went down not sure if this was some kind of an omen. ย This journey began initially working in my fathers independent insurance agency in [...]
