In late August 2020, a storm accompanied by a hurricane swept through the Midwest, destroying nearly 40 million acres of farmland.

Farmers in Illinois watched helplessly as 6.95 million acres of corn endured winds of more than 100 mph.

Unpredictable weather patterns are becoming more frequent, so agriculture faces more instability.

for numb For farmers in the Midwest, the only protection against crop loss is insurance.

Growers don’t just have to prepare for storms; it’s all kinds of weather.

That’s guaranteed if production falls short of expectations or a heatwave hampers growth. What if the cannabinoid level is not within the desired threshold?

This is also covered by crop insurance.

Hemp growers in Illinois are dealing with mass production compared to many other regions.

They are working with greater benefits, and therefore more risk.

John Reed, Founder insurance, is a fourth-generation Illinois farmer who understands the state’s unique strengths.

“We think large-scale production farming is the leader in making hemp a staple crop in the U.S. When you grow in the Midwest, we have large facilities compared to the rest of the country, and we understand how to grow at scale. We have fertile Soil, which can rapidly increase yields over large areas.”

This economy of scale makes the need for insurance all the more obvious, as the loss of even a small portion of the harvest can have a huge financial impact.

The biggest obstacle to reading farmer Find out what they need to protect.

“We help the grower understand what his true cost is so we can make sure he’s insured to break even and even end up insured for some type of profit each year.”

Read’s Hempguard plan offers coverage of up to $15,000 per acre, a unique advantage of the nation’s first private outdoor hemp crop insurance plan.

The losses suffered by farmers affect more than one livelihood.

Each year, agriculture contributes $17 million to the state’s economy. When farmers are protected, everyone benefits.

There seems to be a lot to insure these days. Insects are always a threat. Disease can rise at any time.

Furthermore, with hemp entering the domestic agricultural sector relatively late, there is still a lot to learn about how it performs and which threats are most pressing.

“Because this is a new crop, we simply don’t know what works and what doesn’t in the Midwest,” said Philip Alberti, Illinois Extension Commercial Agriculture educator. Hempsurance also protects against mold, leaf spot and other quality issues.

The most important aspect of finding an insurance company is making sure the company understands the needs of farmers.

“Our company is entirely focused on hemp. We understand the market across the distribution channel from the grower’s perspective to help ensure farmers are properly protected,” Read said. ?