Crop Failed? There’s Insurance for That
Tess Vigeland: Congress left for its summer vacation without coming up with a drought relief package for farmers and ranchers. But that doesn’t mean they’re all left high and dry. A lot of farmers are going to get help from crop insurance. And that could put a crimp in the bottom line of insurance companies […]
Drought May Cost $20 Billion in Crop Insurance
WASHINGTON (CNNMoney) — As the drought continues to ravage the nation’s corn, wheat and soybean fields, crop insurance losses are expected to break records. With nearly half of the continental United States under severe drought conditions, crop insurance losses are mounting daily, according to a report from the National Drought Mitigation Center at the University […]
