Crop Insurance Basics: Good Farming Practices
Suppose you’re a homeowner who intentionally neglects your property, refusing to make basic repairs and even creating unsafe conditions like exposed wires or leaky pipes. Now suppose your house, not surprisingly, is damaged from a resulting fire or flood. Are you entitled to a full homeowner’s insurance payout? Of course not. A homeowner’s policy has […]
New Study Highlights Crop Insurance’s Role in Maintaining Healthy Soil
Crop insurance is not acting as a barrier to the adoption of conservation practices and has a role in helping farmers maintain healthy soil. That’s according to a new peer-reviewed study in the renowned Journal of Environmental Management. During the study, researchers from Purdue University, Arizona State University, and the Nature Conservancy used interviews and […]
Wheat Growers Count on Crop Insurance
This year, America’s farmers and ranchers have faced one challenge after another. For wheat farmers in the west and Midwest, their crop is now threatened by severe drought conditions that could contribute to yield reductions or total crop loss. Thankfully, more than 90 percent of insurable planted acres are protected by crop insurance, including many […]
Crop Insurers: Proposed OMB Budget Undermines Farm Safety Net
The Office of Management and Budget (OMB) today released a proposed Fiscal Year 2021 budget that includes steep cuts to the Department of Agriculture and federal crop insurance. The American Association of Crop Insurers, Crop Insurance and Reinsurance Bureau, Crop Insurance Professionals Association, Independent Insurance Agents and Brokers of America, National Association of Professional Insurance Agents, and […]
How Does Crop Insurance Impact Your State?
Crop insurance is a cornerstone of U.S. farm policy. But what does that really mean for America’s farmers? To put it all into perspective, National Crop Insurance Services has highlighted the state-by-state impacts of crop insurance at CropInsuranceInMyState.org. There you can find individual fact sheets that illustrate the unique significance of agriculture in each state. […]
Pennsylvania Farmers Consider Crop Insurance a Must-Have Tool
Brian Campbell always knew he wanted to be a farmer. He started a produce stand when he was just 14 years old. Now, his Pennsylvania farm produces mostly vegetables, including broccoli, sweet corn, lettuce and pumpkins. But weather can be unpredictable in the Northeast, and his farm has seen challenges. In 2011, a severe flood […]
Congressional Testimony Touts Benefits of Crop Insurance
Farmers across the country know first-hand the critical role the federal crop insurance program plays in protecting our nation’s supply of food and fiber. It’s an important risk management tool that supports both America’s farming communities and the rural economies that rely on them. Michael Davenport, COO of Rain and Hail and Chairman of the […]
New to Crop Insurance? Here’s How it Works
Every day, farmers spend long hours working the land and caring for livestock so they can provide high-quality food at an affordable price for all Americans across the nation. This amazing feat would not be possible, however, without the critical safety net that crop insurance provides. Farming presents a unique set of risks and a […]
New Study: ‘Efforts to Limit HPO Would Increase Risks to Farmers’
Just before the U.S. House of Representatives was set to vote on a Farm Bill amendment that would’ve crippled crop insurance, a Kansas State University economist sent key policymakers a note alerting them to a new study that shed light on the negative impact of reducing revenue insurance coverage. The study he circulated was not […]
New Crop Insurance Study Provides Valuable Farm Bill Insight
U.S. taxpayers fare better when the government discounts farmers’ crop insurance premiums rather than relying on unbudgeted disaster aid packages. That’s according to a recent peer-reviewed study that used a novel mathematical model to study an issue that has been difficult to analyze empirically. The study, published in the Journal of Agricultural and Resource Economics […]
