The U.S. Department of Agriculture’s Risk Management Agency has announced that farmers will have more time to ensure that their crops are properly insured after an uncommonly wet spring last year. Farmers are required to terminate their cover crops in order to obtain insurance coverage for their main crops. The original deadline for this termination was scheduled for May 15 of this year. The Risk Management Agency has pushed that back to June 5. Farmers will be required to terminate their cover crops regardless of their stage of growth by…
Read MoreTag: Federal Crop Insurance
Federal crop insurance program hinders organic farm growth
Though there has been an increase in consumer demand for consumer foods, some producers are finding that the federal crop insurance program – which was created to assist farmers – is hindering their ability to expand. This, according to Matt McLean, the founder of Uncle Matt’s Organic Inc, which has become the largest organic citrus producer in Florida, after having started in 1999 with only 5 acres of oranges. The reason that McLean and other farmers are making this claim is that organic producers are required to pay a surcharge…
Read MoreImportance of crop insurance highlighted at the 26th Annual Corn Growers Association meeting
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…
Read MoreFarmers 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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