Local 2012 crop insurance claims about triple compared to previous years [Greeley Tribune, Colo.]
|By Eric Brown, Greeley Tribune, Colo.|
|McClatchy-Tribune Information Services|
That was evident last week when
"No doubt it was a challenging year, and certainly not just here," Freeman said.
Producers everywhere have filed insurance claims in record numbers after this year's historic drought and heat waves burned up crops across the U.S.
Experts, including officials with the
It would mark the first nationwide underwriting loss on crop-insurance claims in about a decade, he added.
In 2011, for the first time in history, Barnaby said, there were more than
While the 2012 numbers look to be record-breaking, they're not as high as had been predicted earlier in the year.
In a phone interview two months ago, Barnaby said he expected about
Some experts in the summer were predicting as much as
Barnaby said the adjustment in forecasts is due to crop prices falling to lower levels in the fall than had been expected, as well as rains in the Midwest that helped crops recover, at least to a point where some growers couldn't claim losses.
Producers either have or will soon be receiving their crop insurance indemnity checks -- needed to buy inputs for the next growing season, which will hopefully go better than the last, local farmers said.
Some farmers, like
"Every year, you deal with challenges ... but this year there seemed to be more than in others," he said. "It's nice to have insurance to make up for some of those losses, and to help get you started on the next year.
"But you'd definitely rather be growing a crop. Generally, if you're collecting an insurance check, you're losing some money."
No doubt it was a challenging year, and certainly not just here.
(c)2012 the Greeley Tribune (Greeley, Colo.)
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