Ohio Farm Bureau introduces Energy and Utility Issues Resource Guide
Ohio Farm Bureau’s newest resource for members seeks to help farmland owners navigate the many questions surrounding energy development.
Read MoreIf there’s anything farmers understand, it’s uncertainty. From volatile weather to price swings to a global pandemic, they have persevered through it all.
The best way to protect against the unknown is with a sound risk management plan, said Mike Goins, Farm Credit Mid-America’s Regional Vice President for Crop Insurance.
“It’s the only way a grower can really guarantee their income,” he said. “There are so many risks, and crop insurance is how farmers can deal with those risks.”
While crop insurance is a must, policies aren’t one-size-fits all. There are many combinations of policies to choose from, and selections must be tailored to a farm’s unique circumstances. Goins recommends growers start planning now by knowing intended acres, what their average yields are and their cost of production for the upcoming crop year.
“Understand your business plan and get crop insurance for that specific plan,” Goins said.
With so many different policies – subsidized, unsubsidized, government programs– the selection process can be confusing. Farm Credit Mid-America has 64 non-commission-based agents across Ohio, Indiana, Kentucky and Tennessee, who continuously evaluate and analyze new policies and programs for customers.
“Choosing a policy is just one step in the process,” Goins said. “Having a knowledgeable agent and solid company behind you is key.”
Additionally, Farm Credit Mid-America customers have access to an exclusive data-driven tool that allows agents to use real-time data, including a producer’s unique, individual policy information, county data and specific crops and yields. The program then gives a variety of recommendations customized to that unique operation.
“There are a thousand what-if scenarios,” Goins said. “Our tool takes the guesswork out of choosing what’s right for you.”
Growers have until the March 15 sales-closing deadline for spring crops, but the selection process should begin now. Determining average yields, costs to plant, and potential risks will help growers and agents find the right policies.
“Get started early so you can understand your options and not have to make a rush decision,” Goins says. “With so much uncertainty, crop insurance is the best way to mitigate risk.”
To connect with a Farm Credit Mid-America agent in your area, contact 800-444-FARM or visit us at e-farmcredit.com.
Ohio Farm Bureau’s newest resource for members seeks to help farmland owners navigate the many questions surrounding energy development.
Read MoreHB 683 would provide meaningful relief by investing $10 million in the counties that were most severely impacted by relentless hot and dry conditions this past summer.
Read MoreNew members are Katherine and Bill Brown of Stark County, Abby and Blake Campbell of Washington County, Josh Ison of Clermont County and Hannah Thompson of Meigs County.
Read MoreBob Evans Farms has been a passionate supporter of Ohio Farm Bureau’s ExploreAg program since it began in 2018.
Read MoreOhio Bureau of Workers’ Compensation offers five tips to help prevent slips, trips and falls—one of the top causes of workplace injuries.
Read MoreThrough a grassroots process, county leaders identified 106 seats where a Friend of Agriculture could be named, with 104 of those seats ultimately being won by a Friend of Agriculture candidate.
Read MoreOhio Farm Bureau’s 2024-2025 AgriPOWER Institute kicked off in October with 14 farmers and agribusiness professionals participating in Class XV.
Read MoreNationwide’s Grain Bin Safety campaign has awarded grain rescue tubes and training to 390 fire departments across 32 states since 2014.
Read MoreThe event takes place Feb. 7-8, 2025 at Kalahari in Sandusky, Ohio and is open to members of all ages. Registration closes Jan. 21.
Read MoreReceive free conference registration and complimentary transportation to and from the conference March 7-10, 2025 in Denver.
Read More