In a good market, how much would a farmer get for a bushel of popcorn? Can a farmer get insurance on them just the same as normal good old Pioneer corn? Thanks
Popcorn is a commodity, like wheat or corn, but I can’t figure out where to find commodity prices on the Internet.
http://www.fas.usda.gov/ustrade/ustlists/ExFatusCm.asp?QI=&type=3&code=220110000
Anyway, I would assume that yes, the farmer can get crop insurance for popcorn the same way he can get crop insurance for wheat or corn.
I can’t find a reference to popcorn futures on the net either. I think that popcorn is specialized enough that it might be a sort of “captive” commodity in that most of it is raised on contract to large packagers such as Jolley Time. I suspect that the demand for popcorn outside that trade is pretty thin.
And, like *duck duck goose I suppose that corp insurance is available. If you really are thinking of going into the production end I would contact the state agricultural college, the local Farm Bureau, state or federal Dept. of Agriculture and get information of that market and how it works.