Farmers Help Fund $14 Billion of the Farm Safety Net in 2014
Farmers who filed crop insurance claims in 2014 collectively shouldered approximately $10 billion in deductible losses before collecting any payments, according to new data unveiled today by the National Crop Insurance Services (NCIS). When combined with the $3.9 billion spent to buy insurance coverage in 2014, farmers absorbed at least $14 billion in out-of-pocket costs, […]
