Seminar to look at farming insurance, markets

Jan. 15--Prairieland FS will host a seminar Tuesday by the insurance and financial company Country Financial.

The seminar is to inform farmers about the tools and updates needed to prepare for a successful season.

Doug Yoder, manager of Country Financial's crop agency, said the seminar will include updates on crop insurance, the newest Farm Bill, and the market outlook.

Yoder said similar seminars were helpful for farmers who dealt with last year's harsh weather conditions.

"These meetings proved helpful during a rough 2019 and assisted many of our clients to be in better positions to overcome the weather challenges they faced because they better understood the resources available to them," he said.

Yoder said those who attend will learn about information provided by the University of Illinois' Farm Doc team to help make decisions on the election of assets by March 15. The crop insurance update will focus on a handful of changes to federal crop insurance and the market update will focus on the grain markets and the outlook for the future.

Those who want to attend should reserve a place by the end of the week by calling 217-452-2886.

The seminar will also include a look back at last year. The excess of rainfall and its impact on the yields could make 2019 a notable year for agriculture and could change the volume of farmers who get insurance as well as lead to the government changing its policies.

"We're going to look at 2019 as a historic year," Yoder said. "We smashed all-time claims records for prevented planning acres."

Registration will begin at 9:30 a.m. and the seminar will begin at 10 a.m. Prairieland FS is at 1132 Veterans Drive.

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