William Edwards, professor of economics, was the coordinator for a recent ISU Extension and Outreach workshop entitled “Insuring Iowa’s Agriculture.”  In its 12th year, the annual workshop offers educational sessions for crop insurance agents and insurance company representatives. Chad Hart, grain Extension economist, was a presenter along with other ISU faculty.

Participants learned about the premium re-rating process, the trend adjustment option for proving yields, production records and reviews, the high risk alternative coverage endorsement, the implications of the farm bill, and corn and soybean practices following a drought. Edwards said he noticed that participants were particularly interested in some of the new insurance options available to crop producers.

There were 401 registrations, which is a record number for this workshop. Says Edwards, "The workshop drew increased interest this year due to the large number of claims being processed following the widespread drought."

Insuring Iowa's Agriculture is also supported by the Risk Management Agency (USDA) and the National Crop Insurance Services organization. It took place on November 5 at the Scheman Building in Ames.