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Alfa Announces Farmowner Rate Decrease

Alfa Insurance has announced an overall rate decrease on eligible farmowner policies – the first since 1992. The decrease was announced by Alfa President Jimmy Parnell who said the changes are part of the company’s ongoing efforts to refocus Alfa on its core values while growing business and membership.

The 1.4 percent decrease took effective April 15 for new business and is effective July 1 for renewals. It includes a new Auto/Farm discount for policyholders who insure their cars with Alfa and better rates for a new class of poultry houses with stronger construction. The changes are good news for farmers like Steve Stroud of Pike County.

“Any time I can save money it’s good news,” said Stroud, 40, who has six broiler houses and raises cattle and hay on his farm near Goshen. “Ever since I was old enough to have insurance, I’ve been an Alfa customer. It’s always been a good company to do business with, and saving money makes it even better.”

Seventy-seven percent of current farmowner customers will receive a rate decrease, Parnell said. An additional 12 percent, who currently do not have automobiles insured with Alfa, could save with the new Auto/Farm discount, he added.

“Alfa was founded almost 70 years ago by farmers who could not get affordable fire insurance for their homes and barns,” Parnell said. “We remain committed to serving the families who produce our food, fiber and forest products. The farmowner rate decrease is a step in the right direction.”

In addition to lowering rates for most farmowner policyholders, Parnell said Alfa’s ag specialists are also helping customers save.

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Moving Ag Research Forward Through Collaboration

Video: Moving Ag Research Forward Through Collaboration



BY: Ashley Robinson

It may seem that public and private researchers have different goals when it comes to agricultural research. However, their different strategies can work in tandem to drive agricultural research forward. Public research may focus more on high-risk and applied research with federal or outside funding, while private sector researchers focus more on research application.

“For me, the sweet spot for public private sector research is when we identify problems and collaborate and can use that diverse perspective to address the different aspects of the challenge. Public sector researchers can work on basic science high risk solutions as tools and technologies are developed. They then can work with their private sector partners who prototype solutions,” Mitch Tuinstra, professor of plant breeding and genetics in Purdue University’s Department of Agronomy, said during the Jan. 10 episode of Seed Speaks.

Public researchers they have the flexibility to be more curiosity driven in their work and do discovery research. This is complimentary to private research, which focuses on delivering a product, explained Jed Christianson, canola product design lead for Bayer CropScience, explained during the episode.

“As a seed developer, we worry about things like new crop diseases emerging. Having strong public sector research where people can look into how a disease lifecycle cycle works, how widespread is it and what damage it causes really helps inform our product development strategies,” he added.

It’s not always easy though to develop these partnerships. For Christianson, it’s simple to call up a colleague at Bayer and start working on a research project. Working with someone outside of his company requires approvals from more people and potential contracts.

“Partnerships take time, and you always need to be careful when you're establishing those contracts. For discoveries made within the agreement, there need to be clear mechanisms for sharing credits and guidelines for anything brought into the research to be used in ways that both parties are comfortable with,” Christianson said.

Kamil Witek, group leader of 2Blades, a non-profit that works with public and private ag researchers, pointed out there can be limitations and challenges to these partnerships. While private researchers are driven by being able to make profits and stay ahead of competitors, public researchers may be focused on information sharing and making it accessible to all.

“The way we deal with this, we work in this unique dual market model. Where on one hand we work with business collaborators, with companies to deliver value to perform projects for them. And at the same time, we return the rights to our discoveries to the IP to use for the public good in developing countries,” Witek said during the episode.

At the end of the day, the focus for all researchers is to drive agricultural research forward through combining the knowledge, skills and specializations of the whole innovation chain, Witek added.

“If there's a win in it for me, and there's a win in it for my private sector colleagues in my case, because I'm on the public side, it’s very likely to succeed, because there's something in it for all of us and everyone's motivated to move forward,” Tuinstra said.