A large investment for any business is the purchase of machinery and equipment. With more sophisticated technology available every year, not only are there increased costs involved with purchasing the machinery, there is also a greater reliance on the manufacturer and dealer to ensure that the machinery being purchased is suitable for the buyer’s needs.
Risk management and hay storage are hot topics among farmers and insurers following a number of hay stack fires over past seasons. Insurers are looking at the shed sizes, baling practices and asset protection to better understand the risk of insuring hay. At the same time, it’s important that farmers look at how to better