As farmers from all over the country convened over the weekend to attend the 26th Annual Corn Growers Association in Sioux Falls, South Dakota, crop insurance was on everyone’s mind. With 2011 being recognized as a record breaking year in terms of natural disasters, and the persistent problems spawned from a turbulent climate, farmers throughout the country have been facing significant difficulties with keeping their crops alive. As crops are lost, farmers lose their ability to make a living. Most farmers receive money from the government, but this money is…
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Farmers hope crop insurance will replace shrinking government check
The landowners and farmers who have traditionally relied on the receipt of a government check to help with their survival, regardless of the profitability of their farms, will soon be facing the shrinking or elimination of those subsidy checks. The congressional super committee responsible for designing the fall plan for dramatically reducing the federal budget is predicted to take aim at those subsidy payments. Lobbyists and other supporters of the farmers are struggling to develop a new and less expensive way to subsidize the farms and which would offer farmers…
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