Tuesday, November 4, 2008

VeraSun & Grain Indemnity

This is an exciting time in agriculture, but it is also very unsettled. Higher cost for inputs and increased prices for commodities have created new opportunities, but also raised the stakes. The wide price swings we’ve seen for both corn and soybeans this year have created new risks for both farmers and agribusinesses. As a result, it’s vital farmers are taking the appropriate steps to manage their risk and understand what protections are in place.

For more information on VeraSun and the Grain Indemnity fund, visit the Department's website at www.iowaagriculture.gov/grainwarehouse.asp