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.
Punkin Center only processed 6,600 bales of cotton in 2020 – just over a week’s worth of ginning during a normal year. The Texas ginner experienced financial disaster because of low cotton yields that would have devastated their business without a payment from Arbol.