Climate Corporation Introduces Total Weather Insurance

The Climate Corp. (formerly WeatherBill) has released Total Weather Insurance (TWI) Corn 2012 and TWI Soybean 2012, which provide profit protection for growers against increasingly extreme weather.

Climate Corp. says TWI is the flagship, full-season weather insurance program, providing farmers with the ability to lock in profits by protecting against weather events that cause production shortfalls, before federal crop insurance kicks in. TWI is powered by Farm-Level Optimizer, which determines the weather conditions that can make or break an individual grower's yields based on crop, location and soil type, and then automatically optimizes full-season weather protection for that grower's farm.

Climate Corp. says it has continued to invest deeply in research and development focused on the interaction between meteorological events and production agriculture, which has resulted in a whole new level of protection available to growers. TWI 2012 delivers more precise profit protection with enhancements in two key areas: more localized, farm-specific data, and more accurate assessment of field conditions.

The enhancements to TWI 2012 for corn and soybeans are enabled by a unique technology platform, says Climate Corp., that ingests weather measurements from 2.5 million locations and forecasts from major climate models on a daily basis, and processes that data along with 150 billion soil observations to generate 10 trillion weather-simulation data points used in the company's weather insurance pricing and risk analysis systems. The Climate Corp. says it manages more than 50 terabytes of live data in its systems at any given time, five times more information than is contained in the entire printed collection of the U.S. Library of Congress http://www.loc.gov.

 

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