Grain price increases leave farmers at risk

BiB Underwriters has written to all its broker clients advising them to contact farming policyholders over the risk of being under-insured.

The price of grain has doubled over the past year because of a number of reasons: • Growing of grain for alternative fuels following UK government initiatives and legislation to encourage it;

• Increases in global demand, for example, China was until recently an exporter of grain, it is now a net importer;

• Global shortages – higher than average

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: