date:Sep 21, 2012
measurements in the field and to speed up the process.
Another potential delay is the three-year audit of a farm's yields if the claim for a crop is more than $200,000. The audit must be completed to receive indemnity payments. During the drought of 2011, audits were also required for large losses.
Last year it was a small percentage. This year it's going to be a larger percentage, Maulberger said.
Smith daid that at this year's prices, even using the February futures average of $5.68 a bushe