Those looking to improve their understanding of agricultural production risks and crop insurance are encouraged to attend an upcoming crop insurance workshop hosted by the University of Nebraska–Lincoln.
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LINCOLN, Neb. – Those looking to improve their understanding of agricultural production risks and crop insurance are encouraged to attend an upcoming crop insurance workshop hosted by the University of Nebraska–Lincoln. University experts, industry representatives and growers will lead the workshop scheduled for Feb. 26 at College Park, 3184 US-34 in Grand Island.
Crop insurance represents the cornerstone of risk management due to its ability to transfer large amounts of financial risk from producers to someone else. The workshop will provide guidance on how to select a crop insurance contract and how this decision interacts with other aspects of a farming operation.
“Understanding crop insurance can give producers a financial advantage,” said Cory Walters, assistant professor in the Department of Agricultural Economics at Nebraska. “Failure to understand how it works can leave producers financially stressed and at a financial disadvantage.”