If you don't adjust the reference prices up to reflect the inflation that's gone on, then they really don't provide any protection. And we've had some difficult weather, not just in Oklahoma, but across the country. If you don't tweak the crop insurance side on the weather issues, then your premiums will go up. The benefits you receive when you have weather problems will go down, and that'll put producers in a bind. So we try to adjust that to reflect where we are right now. (05:10–05:17)
CLAIM
Asserts that without adjustments to crop insurance for weather issues, premiums will increase.
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