USDA Announces Enrollment Period for Safety Net Coverage in 2018

Dan Industry News Release

The U.S. Department of Agriculture (USDA) announced that starting Nov. 1,  farmers and ranchers with base acres in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) safety net program may enroll for the 2018 crop year. The enrollment period will end on Aug. 1, 2018. “Since shares and ownership of a farm can change year-to-year, producers must enroll …

crop insurance

Crop Insurance Industry Responds to GOA Report

Dan Industry News Release

The crop insurance industry is calling a report by the Government Accountability Office “disheartening.” The GAO last week recommended to Congress that it considers directing the Department of Agriculture to adjust the expected rate of return for crop insurance. In 2010, USDA negotiated with insurance companies to set a 14.5 percent target rate. According to GAO’s analysis, the reasonable rate …