Potential subsidy cuts could mean farmer cutback in coverage

INDIAN WELLS, Calif. — USDA Risk Management Agency Administrator Bill Murphy said Feb. 4 that the cost of the producer premium subsidy for crop insurance could reach $5.5 billion in 2011, but that if Congress cuts the subsidy, farmers are likely to cut back on their coverage for potential losses.

By: Jerry Hagstrom, Special to Agweek