Use MPCI or struggle for finance

FARMERS may soon find themselves mitigating risk through some form of farm income protection product or face the prospect of having difficulties in getting finance.
This was the view of multi-peril crop insurance provider Latevo Farmers Mutual chairman Jeff Herdegen.
“Early next year when growers are seeking loans to finance their 2020 season, they may find themselves regretting the decision to not mitigate against risk with crop income protection.”

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Publication: Farm Online
Date: 30 August 2019
By Gregor Heard