INSURANCE
Crop insurance deadline nears
A few years ago, I phoned area crop insurance agents just prior to the annual March 15 deadline forpurchasing or modifying crop insurance for spring-planted crops. I was curious about the trends and p...
Posted on 3/4/13 at 4:35 PM
Rural Reflections Radio
Here is this week's Rural Reflections Radio...
Posted on 3/15/12 at 6:03 AM
Crop insurance fits well with marketing, adviser says
FARGO, N.D. — Bret Oelke, a self-described “evangelist for market planning,” acknowledges that using crop insurance to enhance marketing can be risky.By Jonathan Knutson , January 25, 2011
ND Farm Bureau considers insurance cost, competition
FARGO, N.D. — The North Dakota Farm Bureau has gone beyond its previous support for movement toward no national farm program payments to support privatizing crop insurance programs.By Mikkel Pates , November 30, 2010
Former Google official launches risk management tool for ag producers
One of the guys who brought the world Google now says he can help farmers better manage risk and protect profits.By Jonathan Knutson , November 30, 2010
Crop insurance companies agree to subsidy cuts
WASHINGTON — Agriculture Secretary Tom Vilsack announced July 13 that all 16 private crop insurance companies met a July 12 deadline to sign the five-year standard reinsurance agreement that USDA’s Risk Management Agency has been negotiating with the companies since 2009.By Jerry Hagstrom , July 20, 2010
Crop insurance companies agree to subsidy cuts
WASHINGTON — All 16 private insurance companies that participate in a federal crop insurance program have signed off on a plan designed to cut their subsidies by $6 billion over the next 10 years.July 14, 2010
Crop insurance companies offered a new reinsurance agreement
WASHINGTON — USDA Risk Management Agency Administrator Bill Murphy said June 30 that his agency has sent crop insurance companies a revised final offer of a new standard reinsurance agreement and gives the companies until July 12 to sign it.By Jerry Hagstrom , July 06, 2010
Vilsack proposes crop insurance cuts
WASHINGTON — Will a $4 billion cut in the cost of crop insurance in 10 years be enough for Agriculture Secretary Tom Vilsack to fight off pressures within the Obama administration to make other cuts in USDA programs?By Jerry Hagstrom , June 29, 2010
USDA says new crop insurance plan will save $6B
MINNEAPOLIS — The U.S. Department of Agriculture released the final draft of a new crop insurance plan Thursday that it said will save the federal government about $6 billion over 10 years.By Steve Karnowski , June 11, 2010
USDA to cut subsidies as insurers post big profits
By Steve Karnowski , April 28, 2010
Health care reform causes concern
GARDNER, N.D. — Some are wondering “whether” this health care law will be sunny skies and good growing conditions, or whether it will be a flood of storm clouds and rain that will damage our future “crop.”By Victoria Colwell , April 05, 2010
Time to make a frugal switch
ALEXANDRIA, Minn. — As USDA’s Risk Management Agency struggles to renegotiate a new standard reinsurance agreement with private crop insurers, why isn’t Agriculture Secretary Tom Vilsack directing USDA-RMA officials and local county FSA employees to put a true government alternative on the table to address the runaway costs of federal crop insurance?By Alan Roebke , April 05, 2010
SURE in 2010?
FARGO, N.D. — Farmers and ranchers have until close of business March 15 to buy insurance that could make them eligible for the 2010 federal “permanent” disaster program known as SURE.By Mikkel Pates , March 08, 2010
Keep loss records now for LIP program
FARGO, N.D. — Livestock producers who lose animals because of weather should think ahead to keep inventory and death records for the Livestock Indemnity Program, says Aaron Krauter, state executive director for North Dakota Farm Service Agency.By Mikkel Pates , March 08, 2010
Make crop insurance claim if corn mold is suspected
ST. PAUL — The late harvest and extremely wet weather has resulted in several problems for farmers, including the appearance of mold on the ears in standing corn. Many farmers are asking what they need do to make sure they comply with all crop insurance procedures for any crop loss.By Gary Hachfeld, University of Minnesota Extension , November 07, 2009
Planning for taxes needed for crop insurance payments
ST. PAUL — With the probability of crop losses due to weather, farmers may be receiving crop insurance indemnity payments. Any crop insurance proceeds you receive need to be included as income on your tax return. You generally include that income in the year received.By C. Robert Holcomb and Gary A. Hachfeld, U of M Extension , September 19, 2009
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