Convo 36
Farmers are not paid to buy crop insurance. Farmers pay for crop insurance. They spent about $4 billion of their own money in 2012 for premium, and last year when we had the catastrophic drought through the Midwest, before those deductibles kicked in, farmers absorbed just under $13 billion in uninsured losses.
Crop Insurance Helps NC Farmers Weather the Ups and Downs
From rags to riches. From feast to famine. From pauper to prince. We’ve all heard the phrases to describe going from one extreme condition to the opposite. But farmers in North Carolina understand this concept first hand. Unfortunately. In 2011, just about every imaginable weather disaster hit the state. It started with frigid cold, moved […]
