Why do farmers destroy their crops when weather conditions are bad? Why bother going through the trouble? Why not just let them grow and get at least some harvest?
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The one thing I can contribute on Reddit, ha. I farmed for 10+ years and the answers here get soo close to the reason.
Once you accept a crop insurance payment for a loss that’s been proven by an adjuster, you must then disc the field that contains your loss (per the federally backed insurance company) in order to prevent the type of fraud where you would collect insurance payment and then put a little money into the crop and get it to produce a close to standard yield. You’ve got to understand that weather events on an immature crop that would provide a 40% hit to yields are a no brainer for an adjuster to mark as total loss – meaning a sneaky farmer could take a complete payout of government money (RMA) from a policy sold through a private insurance company, and then finish the crop out and sell 60% of his total expected yield sold off in secret – leaving him with 160% profit (and trust me if the rule about destroying crops wasn’t there, you would have a crazy percentage of farmers doing this – which would put a lot more stress on our federal crop insurance infrastructure.
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