Theres always bad years, thats why many opt for crop insurance if crops are the main source of income. Overtime crop insurance is a loss of money, but it will save you that one year hail wipes your crops out like it did this year in northwestern illinois.
Crop insurance sucks though when you take on new places. Here anyway, when you get a place they make you take the county average until you have 2 years history on that farm. Even if you have a good average from other farms. So I had to take the county average of 100, and had 70% of that so 70 bushel guarantee. Should have had higher coverage I guess, but even 70 is a lot of money to the insurance when you don't use it. So corn got totally stripped just as the ears started to fill. They wanted to wait until after harvest to adjust it, and they always end up estimating way high. So I just left it and combined it so they couldn't screw it up, made 40 bushel. Everyone said it wouldn't make corn at all. Amazingly the ears still filled, they just tipped back 2 inch+ from the end, sucked the ends dry to finish since they had no leaves left and the stalks were so beat. So crop insurance payed 30 bushel minus the premium. Blah...
:mad2: