Home Markets EquipmentMart Ads/Auctions Weather News Radio ILFB.org Commentary FarmWeekNow Contact Us Main Markets Cash Strategist DDG/Energy Page FW Classifieds Auctions Watch Us Grow Main News Cropwatchers Main Radio Staff Affiliates About RFD Radio Standing Out in the Field Working the Hill Blogs

Del.icio.us  Digg  facebook  MySpace  Twitter  Google  Bookmark Me  LinkedIn  StumbleUpon  Permalink   GRIP policies will be more costly in 2012 RMA revisions will make policies 10% to 11% more expensive than last year's. Compiled by staff  Published: Jan 25, 2012 Ratings changes made by the Risk Management Agency (RMA) will cause premiums for Group Risk Income Plan with the Harvest Price option (GRIP-HR) to be higher in 2012 as compared to 2011. For 90% coverage level policies, 2012 premiums will average 10% higher than 2011 premium for corn across Illinois and 11% higher for soybeans. Higher GRIP-HR premiums, along with lower COMBO product premiums, suggests that farmers who have purchased GRIP in the past may wish to evaluate crop insurance decisions, as relative costs of the products have changed. The remainder of this article first describes GRIP use, and then details changes to expected yield and premium occurring to GRIP in 2012. Continue reading at: http://www.farmdocdaily.illinois.edu/2012/01/group_risk_income_plan_grip_in.html   Permalink: Click here Comments Read comments from others and share your own thoughts. Please provide the answer to the following question:  =

Search this site:     Read More Stories Ag state senators are blasting a Labor Department refusal to discuss farm labor rules Key ag senators are blasting the Labor Department for the way it is handling a letter from 30 lawmakers on the agency's pending controversial on-farm child labor rule. We have an audio report from RFD Radio's Matt Kaye in Washington. Read this story Centralia ag lab to be closed under new budget Gov. Pat Quinn gave his annual budget address before the General Assembly Wednesday. He outlined areas where state services will be cut, consolidated, or eliminated in the coming year. Read this story Hearing held on Corn Checkoff The Illinois Department of Agriculture held a public hearing Tuesday on a proposed increase in the state's corn checkoff. Read this story   Today Week Month Decatur losing 335 jobs at ADM Winter storm watch for NW Illinois Hearing held on Corn Checkoff Ag state senators are blasting a Labor Department refusal to discuss farm labor rules Centralia ag lab to be closed under new budget 2012 Crop Insurance Payment Simulator Now Available GROWMARK opens new facility in Casey Forecaster: Winter weather expected to return to Illinois soon Corn checkoff hearing scheduled Savings opportunities abound for '12 insurance Top 50 Tags

 

VISIT THE ILLINOIS FARM BUREAU WEBSITE / ABOUT ILLINOIS FARM BUREAU