Rains and lingering floods in the Midwestern farm belt have devastated the region’s agricultural economy and left many farmers with a difficult choice of deciding whether it is worthwhile to plant this growing season. Their decisions will have a substantial impact on insurers’ crop insurance losses.
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Prevented planting: Midwest flooding carves out uncharted terrain for crop insurers
How will rain and lingering flooding in the Midwest farm belt affect farmers’ choice of planting and insurers’ crop insurance losses?
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