What if the cost of chemicals or organic materials outweighs the benefits? Once I plant the crop, isnt it still insurable?
Economics are not a consideration in determining if good farming practices have been used. If rust infects or threatens an insureds soybean crop, to be eligible for the full amount of coverage, producers must apply the recommended applications and follow good farming practices regardless of cost. Failure to follow the recommendations of the agricultural expert or local organic agricultural industry persons because the producer does not want to or cannot afford to incur the costs associated with following the recommendations, because the costs associated with following such recommendations is greater than the value of the crop, or because the producer is unable to obtain financing is not considered a good farming practice.
