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The average income of a crop insurance agent is $6000 monthly. This translates to a salary of over $72000 per year.
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∙ 9y ago
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Who invented crop insurance?
Benjamin Franklin
How much money does a farmer make a day?
A farmer is not paid a salary. He is an independent businessman and his income depends on producing a crop or livestock. A small farm may produce a profit under $50,000 in an average year and a large one could have profits in the millions of dollars. Even a very small farmer will have half a million dollars or more invested in land and machinery. He pays the property taxes, maintenance, fuel costs (this season, it cost $300 each day for diesel fuel for the combine to cut a wheat crop in western Kansas), seed, fertilizer, his own liability insurance, crop insurance, etc. Then he works sunup to sundown and beyond and prays for rain when the crop is planted and dry weather when it is time to harvest. If the prices are high, he probably has a poor crop. When he produces a good crop, so do all the other farmers, so the prices are low.
Why do farmers increase crop yields?
Higher yields = increased income.
What crop is raised for income rather than substinence?
Crops that are raised for income purposes rather than to be consumed by the person who raises them are called cash crops; there are many examples of these, and any crop can be a cash crop if you are growing a larger quantity than you need for your personal consumption.
What are someone crop economy disadvantages?
one is that if the one crop they depend on fails and the crop is bringing in much of their income than the place will have no other crops to get money from and will likely go bankrupt.
Can I have a sentence for crop?
The farm's annual income depends on a good corn crop. (noun) The rider waved his crop as he rode past. (noun) A whole crop of tourists have discovered my favorite spot. (noun) The penguin had a full crop when she returned to feed her chick. (noun) The estate agent had to crop the hedge just to get to the front door. (verb) The kids will crop up when they get hungry. (verb)
What has the author Burton Pflueger written?
Burton Pflueger has written: 'The economic impact of crop insurance on wheat producing counties in South Dakota' -- subject(s): Crop insurance, Economic aspects of Crop insurance
What is a commercial crop raised for income rather than subsistence crop raised for the use of the farmer and his family?
Cacao is a commercial crop raised for income rather than a subsistence crop raised for the use of the farmer and his family.
What has the author Vijay Kalavakonda written?
Vijay Kalavakonda has written: 'Crop insurance in Karnataka' -- subject(s): Crop insurance
What has the author Nilabja Ghosh written?
Nilabja Ghosh has written: 'Impact of crop insurance on agricultural productivity' -- subject(s): Agricultural insurance, Crop insurance
What is a commercial crop raised for income rather than a subsistence crop raised for the use of the farmer and his family?
Cacao is a commercial crop raised for income rather than a subsistence crop raised for the use of the farmer and his family.
Why is the growing of cash crop not beneficial for the country which they are grown?
This is because of developing and developed countries are totally different depending on the average income a person gets.
Which crop is most income earning crop in India?
guar current price @300 kgs.
When was the crop insurance invented?
That's what she said
Who invented crop insurance?
Benjamin Franklin
What has the author Jerry R Skees written?
Jerry R. Skees has written: 'The political economy of a crop insurance experiment' -- subject(s): Crop insurance
How much money does a farmer make a day?
A farmer is not paid a salary. He is an independent businessman and his income depends on producing a crop or livestock. A small farm may produce a profit under $50,000 in an average year and a large one could have profits in the millions of dollars. Even a very small farmer will have half a million dollars or more invested in land and machinery. He pays the property taxes, maintenance, fuel costs (this season, it cost $300 each day for diesel fuel for the combine to cut a wheat crop in western Kansas), seed, fertilizer, his own liability insurance, crop insurance, etc. Then he works sunup to sundown and beyond and prays for rain when the crop is planted and dry weather when it is time to harvest. If the prices are high, he probably has a poor crop. When he produces a good crop, so do all the other farmers, so the prices are low.
