Record 86 Percent of Planted Farmland Protected by Crop Insurance
Eighty-six percent of all planted U.S. farmland – some 281 million acres – is protected by crop insurance this year, up 2 percent from 2011 and a nearly three-fold increase from the late 1990s when only about 30 percent of farmers purchased policies, according to data from USDA’s Risk Management Agency. The growth in coverage […]
2012 Drought Extends Its Grip Into 2013
The 2012 growing season has ended for most of the nation’s farmers, but the drought that dogged many of them appears here to stay. According to the December 11, U.S. Drought Monitor, nearly 62 percent of the continental United States remains in some stage of drought. Forty-three percent of that area is considered to be […]
Crop Insurance: Smart, Fiscally Responsible Farm Policy
Every county in the state of Iowa is experiencing severe or extreme drought conditions, according to the U.S. Drought Monitor. This time last near, not a single county in the state was experiencing drought. In fact, it would be fair to say that farmers saw quite the opposite conditions last year, especially here in Western […]
