A crop insurance specialist recommends setting a price floor when making risk management decisions for next year.

Tom Timko with Compeer Financial tells Brownfield the first priority when marketing grain is to not lose money.

“So as I think about setting floors, one of the first things you’re going to do is look at what you can get from your crop insurance levels depending upon the choices you make.”

From there, he says farmers should consider cost of production.

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