To protect against another missed crop, Punkin Center Gins owner Al Crisp purchased Arbol’s first-of-its-kind yield product for cotton. Arbol’s cotton yield product leverages independent climate data from dClimate to provide protection for businesses in the cotton industry against yield losses. Having a yield product in place as a safety net, helped Al Crisp protect his business.
Climate events that adversely affect crop yields – like drought, flooding, etc. – are unpredictable and, potentially, financially devastating. Events like these are real, frequent, and increasing in number for thousands of agricultural companies.
The Texas ginner experienced financial disaster because of low cotton yields that would have devastated their business without a payment from Arbol.
Arbol’s yield products are backed by tamper-proof U.S. Department of Agriculture data from dClimate. The program allows gin operators and other cotton businesses to get paid quickly and objectively based on independent data as a protection against bad weather impacting yield.
