Mega menu is possible in BS5 but we will need to create a custom template layout for the navigation widget. The following is a hard-coded example.
FA6+ icons will work on all widgets.
The FMH Icon box will need a new version created because the styling is broken in Bootstrap 5 templates (this has nothing to do with FA).
Icons can now be used in Content blocks by pasting the HTML tags from www.fontawesome.com into the HTML editor.
Here are some new icons from Font Awesome 6
Code snippits from http://getbootstrap.com pasted into Content Blocks.
.accordion-body
, though the transition does limit overflow.
.accordion-body
, though the transition does limit overflow.
.accordion-body
, though the transition does limit overflow.
Tables
# | First | Last | Handle |
---|---|---|---|
1 | Mark | Otto | @mdo |
2 | Jacob | Thornton | @fat |
3 | Larry the Bird |
Default, out of the box, Bootstrap 5 templates available for widgets.
The navigation template used above is called Horizontal.
Third party documentation (i.e. summary/settlement sheets from the elevator) is required when applicable and available. Insureds are expected to have available hard copy records that will 1) support the total production raised for the crop/county/year being reviewed and 2) that can demonstrate how production was kept separate between various units, practices and types (if applicable).
Insureds will also want make themselves available to meet with the quality control reviewer as the reviews will need to be completed before the claims can be processed.
Title | Type | Size | |
93 KB | DownloadReplant Claim Checklist | ||
244 KB | DownloadPrevent Plant Claims Checklist | ||
757 KB | DownloadMPCI Production Claims Checklist | ||
12251 KB | DownloadGroup-Wire-FINAL-PDF-compressed | ||
15528 KB | DownloadGroup 2 Wire - FINAL PDF |
News list template is the only template available by default.
By being aware of the factors that farmers take into consideration as they market their grain, agents can help guide their customers toward the policy decisions that will help them capitalize on guaranteed production and maximize profit.
Below, find excerpts from FMH’s newest InsureCast episode on how customers can use forward marketing and crop insurance for optimal risk management.
What are some of the reasons farmers may hesitate to utilize forward marketing?
Ken Ripley, FMH Assistant Vice President – Regional Sales Manager and a farmer himself, said a lack of historical precedent keeps many farmers from forward marketing their crops. “We learned a lot from our elders. My grandfather never forward contracted a single bushel in his life. Some of that rubs off on you,” he said. “But we’ve got tools now to let us sell it before it’s in the trunk, so to speak.”
Jake Moline, risk management consultant at StoneX, agreed. “There’s a lot of fear from farmers – how can I sell something I don’t have in the bin? That fear really limits forward selling,” he said.
How does crop insurance help protect farmers against risk from forward marketing?
“The most crucial thing to understand as a grain farmer is how your hedging plan, combined with crop insurance, protects you,” Moline said.
That protection can give farmers confidence to market their crop early and aggressively. “It’s usually when you’re most uncomfortable about making sales that you should be most aggressive in making sales,” said Moline. “As long as you’re not marketing over your guaranteed bushel level, you really can’t get hurt.”
Ryan Benes, FMH Assistant Vice President – Regional Sales Manager, added that a farmer’s crop insurance policy can protect more than just revenue. “Any type of federal crop insurance has a unique tool: It protects yield,” he said. “No financial tools can protect yield.”
How should farmers think about increasing revenue and using spring insurance prices to their advantage?
Benes said he encourages farmers to think of their crop insurance liability as their revenue, and to aim to surpass that number with their sales. “Every time you make a sale that’s better than the spring insurance price, you’re increasing your revenue,” he said.
Ripley agreed. “You’ve got the guarantees [of crop insurance] there to protect you – take advantage of the price while you’ve got it,” he said. “It’s always better to make a sale that’s a profitable sale than wish you’d made a sale when the market’s turned the other direction. A good sale in 2023 is a great sale in 2024.”
What crop insurance policies support forward grain marketing?
Revenue Protection (RP) and Enhanced Coverage Option (ECO) policies are great choices for farmers as they forward market their crops.
According to Ripley, recent price projections for 2024 are 10 to 15 percent lower than this crop year, meaning now is a great time to lock in coverage. “If projections are even close to right, ECO is a good plan,” he said. ECO is an optional endorsement to supplement a farmer’s underlying policy, providing area-based coverage for a portion of the deductible of that policy, with top-end coverage levels up to 95 percent. FMH also offers ECO+™ for even more top-end coverage on an individual basis.
Benes also highlighted RP coverage, a federal product that protects against production loss, price decline or increase, or both. With RP, if a farmer loses revenue off bushels, that can potentially be replaced by their crop insurance. “You’re still responsible for marketing your bushels, but if for some reason you fall short, you have the crop insurance backstop there,” he said.
Listen to the EpisodeLearn more in our full InsureCast episode on grain marketing, and be sure to subscribe wherever you get your podcasts. Check out other episodes geared for this season:
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