now. Because it supposed to be what producers pay in, holistically is what comes back out. And it’s nationwide and then there are different, and, and there are incentives because if you don’t collect, for example, your particular area becomes a less risk, a lot like other insurances, so your premium goes down. If you collect, a couple things happen to you on the negative side. One is your premium in your category, you’ll generally go up a little bit, but also in the establishment of your base yields, if you collect, generally it’s going to be because yields went down for some reason, so your base goes down as well. So, you, you cannot guarantee or get insurance on as high a level as you could before. So there are some incentives kind of there now as, as you described. MR. BENBROOK: So, so, Leon, can, well what I’m asking, can we then stretch our minds to think, can we create a similar set of incentives to protect that premium that some farmers have found a way to get from the marketplace? Whether it’s selling Amylase corn to an ethanol plant or identity preserved soybeans to Japan. Now we’re talking about a market-based premium which is part of the value of that farm. The crop insurance industry and, and agriculture as a whole has never really wrapped its mind around what can we do institutionally to protect and nurture and grow that, that premium. And I think what the Secretary
now. Because it supposed to be what producers pay in, holistically is what comes back out. And it’s nationwide and then there are different, and, and there are incentives because if you don’t collect, for example, your particular area becomes a less risk, a lot like other insurances, so your premium goes down. If you collect, a couple things happen to you on the negative side. One is your premium in your category, you’ll generally go up a little bit, but also in the establishment of your base yields, if you collect, generally it’s going to be because yields went down for some reason, so your base goes down as well. So, you, you cannot guarantee or get insurance on as high a level as you could before. So there are some incentives kind of there now as, as you described. MR. BENBROOK: So, so, Leon, can, well what I’m asking, can we then stretch our minds to think, can we create a similar set of incentives to protect that premium that some farmers have found a way to get from the marketplace? Whether it’s selling Amylase corn to an ethanol plant or identity preserved soybeans to Japan. Now we’re talking about a market-based premium which is part of the value of that farm. The crop insurance industry and, and agriculture as a whole has never really wrapped its mind around what can we do institutionally to protect and nurture and grow that, that premium. And I think what the Secretary