Tag: crop insurance policy

North Dakota crop insurance changes promote diversification

Julie Campbell
Crop Insurance

Officials are hoping that education will help to boost farmer willingness to diversify the plants they grow. In North Dakota, officials are hoping that changes to the crop insurance program will help to educate farmers in order to encourage them to diversify the plants they choose to grow. Whole farm insurance coverage first became available in North Dakota during the last growing season. While there weren’t any whole farm crop insurance policies sold, the officials from the Department of Agriculture believe that when they learn about what the coverage has…

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Cutting the crop insurance subsidies is proving to be challenging

H. Cutner
crop insurance rules

It is now expected that part of the reductions in subsidized coverage for growers will be repealed. Back in April, Republicans in Congress formed a new agreement in order to move ahead on a plan that was designed to create a savings of $5 trillion over the next ten years, and reductions in crop insurance subsidies were a part of this effort to balance the budget at the end of that time. However, as time has passed and the practical side of these insurance subsidy decreases plays out, it may…

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Growers are running out of time before the crop insurance deadline

Julie Campbell
crop insurance policy

The Risk Management Agency of the USDA is reminding farmers that they need to act soon, if they haven’t already. A crop insurance reminder has been issued by the Risk Management Agency (RMA) at the USDA to growers in Alabama who intend to purchase coverage, as the deadline of September 30 is coming up quickly. The deadline applies to the coverage available for a range of different types of crops in different counties. For instance, the crop insurance deadline includes policies in Limestone County for canola, as well as for…

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Crop insurance claims already increasing in Canada

H. Cutner
Crop Insurance

As another summer comes with devastating flooding, farmers are already contacting their insurers. As farmers begin to have the opportunity to see how much of their land has been affected by flooding in Saskatchewan, Canada, they are submitting their crop insurance claims on an increasing basis. It is believed that the full impact of the flooding throughout Saskatchewan will not be known until the fall. According to Rae Groeneveld, from the Saskatchewan Crop Insurance Corporation, by July 29, there had already been 792 claims submitted, pre-harvest. He explained that “A…

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Crop insurance subsidy limits applauded by reformers

Julie Campbell
us crop insurance program

Those in favor or restrictions of this nature gave their praise to a U.S. House of Representatives vote. Reformers for the crop insurance subsidy gave their approval to a vote that was held by the U.S. House of Representatives that would require the wealthier growers to have to pay more in order to take part in the federally subsidized program. This is also the first time that an eligibility limit has been placed on this highly expensive program. The federal crop insurance program is already costing the country $9 billion…

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