Newly designed farm insurance is on its way

farm insurance program news

Farmers in Colorado are now preparing for the roll out of a new type of coverage for their businesses. Local farmers in Colorado are now preparing for two different meetings that are being held on farm insurance by way of the Farm Service Agency and that are designed to be highly informative about the new kind of coverage that will be rolling out. The new programs that will be starting through the 2014 Farm Bill will take over for previous broadly used plans. The new farm insurance programs will provide…

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Crop insurance expansion approved by Senate panel

Crop Insurance cuts

The farm bill that would broaden the coverage has now received the approval from a U.S. panel. The Senate Agriculture Committee has just approved its version of the farm bill – the House is debating another – which would expand the reach of the federally subsidized crop insurance program and that will cost approximately $500 billion over a period of ten years. The bill will also make some limited cuts on the spending for the food stamps that are issued to the poor. The Senate bill is one thousand pages…

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Crop insurance placed back in the spotlight following election

Crop Insurance

Attention for farm bill has become an important target for lawmakers. Now that the election is behind us, crop insurance federal subsidies will return to the spotlight as a major target for lawmakers who are seeking to slash the budget deficit in Congress’s first week of the lame duck session. Experts in agricultural policy feel that this is a typical week following a general election. Many doubt, however, that lawmakers will be able to make their way through the deadlock they have been facing regarding the enacting of a $500…

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