crop insurance

Study: Farmers Will Buy Less Crop Insurance if it Costs More

Dan Industry News Release

Crop insurance critics have said for a long time that it’s such a vital product that a rise in premium rates will have no impact on farmer participation. A peer-reviewed study says such claims may be convenient for special interest groups hoping to weaken the risk-management tool by making it more expensive. However, those claims aren’t correct. Dr. Josh Woodard …

farm bureau

Farm Bureau Compares Crop Insurance to Ad Hoc Disaster

Dan Economy, Field Crops, Industry News Release

As Congress continues preparation for the 2018 Farm Bill, rural America continues to voice its support for maintaining a strong crop insurance system. One of the loudest voices in that chorus belongs to the country’s largest farm organization, the American Farm Bureau Federation. An active member of the crop insurance coalition, Farm Bureau is working hard to dispel myths about …

perdue crop insurance

Perdue Advocates for Crop Insurance Program

Dan Economy, Industry News Release

Secretary of Agriculture Sonny Perdue walked a tightrope while talking with reporters about President Trump’s budget proposals that agriculture wasn’t enamored with. One of the proposals included cuts to crop insurance. Agri-Pulse says Perdue is making strong statements in support of the program as it currently is. One of the largest cuts in the Trump Budget Proposal is to crop …

perdue crop insurance

What’s New For Crop Insurance?

Dan Economy, Field Crops, Livestock, Nursery Crops, Specialty Crops

Producers are encouraged to find out what’s new for crop insurance this year before the upcoming deadlines. Stephanie Ho has the story. What’s New For Crop Insurance?-1 Rob Johansson, Acting Deputy Under-secretary for Farm Production and Conservation, explains why crop insurance is an important part of the farm safety net. What’s New For Crop Insurance?-2

sales closing

Sales Closing Dates Near for Most Crops

Dan Industry News Release

Expanded Options available to enhance Farm Safety Net Last year’s hurricanes, wildfires, and droughts, devastated parts of the South, Midwest, Northern Plains, and California, and were a stark reminder that agriculture is an inherently risky business. Federal crop insurance indemnities for these disasters totaled more than $1 billion in 2017. “The prosperity of the rural economy depends on our farmers …

indoor farmers

Improvements to Crop Insurance continue in 2018

Dan Industry News Release

USDA Strengthens Crop Insurance Program to keep Rural Economy Viable Changes to the Federal crop insurance program initiated in 2017 will continue into 2018. The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) continues to improve the program, increasing its availability and effectiveness as a risk management tool while safeguarding the integrity of the program. In 2017, RMA had …

irma

Margin Protection Crop Insurance Decision Due

Dan Industry News Release

Farmers have until the end of this month to decide if they’d like to take USDA’s new Margin Protection Crop Insurance plan. Known as M-P, the program most closely aligns with the current A-R-P, or Area Revenue Protection, crop insurance plan. University of Illinois Agricultural Economist Gary Schnitkey says while there is difference the one of note is the price …