Aurora defines production capacity as representing all planted rooms approved by Health Canada, factoring in anticipated harvests at maturity annualized for the following twelve month period, based on an average historical yield
'Unlike traditional crop insurance, in which indemnity payments are linked to individual farmer yields and losses, index insurance links payments to independently established data, such as local rainfall, wind speed, temperature, typhoons, cyclones and historical yield
data as trigger events to release payments and compensation to affected farmers and fisherfolk.'
Hazel Bograd, Monsanto data science and analytics manager for Asia Pacific, says that in the context of farming, data science helps make sense of complex interactions that happen on the field by bringing together resources such as historical yield
data, climate imagery, and information on soil and moisture.
"Previous studies that supported the 4% rate used historical yield
data that don't look anything like what new retirees are facing today."
Starting with the 2012 crop year, farmers raising corn and soybeans in most counties in Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, Ohio and Wisconsin will have an option to use the trend-adjusted APH based on their county's historical yield
Last year's full-year payment was 5.3p, giving an historical yield
of 4.4% - attractive given current bank rates.
growth, capital growth, local services in an area, and transport links are all additional factors to keep in mind.
Increased yields, measured against historical yield
data, are expected to materially increase as capital improvements and enhancements to land management practices are made.
In a 2002 to 2006 study led by the National Aeronautics and Space Administration, NASA scientists, Ainsworth, ARS plant physiologist Fitz Booker, and university scientists investigated widespread ozone damage to soybeans in Iowa, Illinois, and Indiana using ozone surface monitors, satellite instruments, and historical yield
This typically means that a calamity is generally only declared when the crop yield is less than half of the normal historical yield
for the district.
Past "Money Matters" columns have covered using historical yield
data to properly calibrate the "grid." But by focusing only on the "grid," leaders can miss opportunities to use financial aid to open new markets, build demand from existing markets, launch new academic programs, and influence the mix of the incoming student dam.