Onions are not necessarily a common commodity, but those who grow them know just how expensive it is to produce such a valued crop. Roughly 125,000 acres of onions are grown each year across 16 U.S. states. Compare that to the 48 states that grow 90 million acres of corn, and you can see how specialized this commodity is.
Just 12 counties in New York State grow enough onions for the Risk Management Agency (RMA) to consider it an insurable commodity. Cayuga, Genesee, Madison, Oneida, Ontario, Orange, Orleans, Oswego, Seneca, Steuben, Wayne and Yates are the only New York counties where onions are insurable.
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By: Daniele Ricci