Crop insurance can salvage some loss
Near-constant rains during harvest-time have cost Mississippi farmers an estimated $371 million in losses, and producers with crop insurance may be the only ones able to salvage much more from the fields this year. Cotton is expected to take the biggest hit, losing 43 percent of its potential value. Most corn was harvested before the rain, but only half the soybeans were harvested when the crop should have been nearly 80 percent complete.