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re: Landry declines Federal Funds for food assistance.

Posted on 2/22/24 at 2:03 pm to
Posted by deltaland
Member since Mar 2011
90878 posts
Posted on 2/22/24 at 2:03 pm to
quote:

so I'm sure crawfish farmers can get similar insurance for their product.


Unlikely. We can’t get insurance for catfish either

It’s a live animal crop with no reliable way to track current inventory and mortalities caused by a weather event because the crop cannot be accounted for before harvest. With say corn, you can show seed purchases and show a field planted with crops with acreage to match purchase. You can see when a flood kills that field of corn.

Whereas with catfish you could fudge your hatch numbers and say you hatched 100 million when in reality you hatched 50 million. The average insurance person would have no way to tell if your ponds truly have 100 million fingerlings unless they were physically present every day for 3 months of hatching season and watched you do the counts and stock the ponds
Posted by Bjorn Cyborg
Member since Sep 2016
26936 posts
Posted on 2/22/24 at 3:49 pm to
Also, and while I disagree with government handouts and bailouts, I understand them in agriculture.

Food security is national security. (Don't agree, but understand the logic)
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