STAFF BLOG AG RIGHT 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
WASHINGTON — In a demonstration of the up-and-down nature of the crop insurance industry, payments to farmers for crop losses in 2011 have totaled $9.1 billion so far, the highest in American history, according to charts released recently by the U.S Department of Agriculture Risk Management Agency.
WASHINGTON — All farm major programs combined — crop insurance, subsidies and conservation — will cost only about $221 billion over the next 10 years, comprising only 18 percent of Agriculture Department spending, according to statistics released by the Congressional Budget Office as it released its annual budget estimates.
WASHINGTON — Senate Agriculture Committee Chairman Debbie Stabenow, D-Mich., told Agweek on Feb. 1 that she will hold four hearings in February and March in anticipation of bringing the farm bill to the floor before the House acts.
WASHINGTON — Senate Budget Committee Chairman Kent Conrad, D-N.D., is preparing to introduce a farm bill commodity title that would guarantee farmers 90 percent of crop revenue on their individual operations, a top aide says.
FARGO, N.D. — The federal crop insurance program enjoys widespread, growing support as a risk management tool, officials say. They also say the program must continue to evolve to meet the needs of agricultural producers.
KANSAS CITY, Mo. — The nation’s top agriculture official on Wednesday announced more than $300 million in emergency assistance to 33 states and Puerto Rico to help them recover from an unusually intense year for natural disasters across the U.S.
WASHINGTON — The nation’s farm subsidy payments will give way to an expanded crop insurance program under a bipartisan plan that is expected to be submitted to the Congressional deficit committee, Minnesota Rep. Collin Peterson says.
WASHINGTON — Farm groups have expressed concern that the Obama administration’s negotiations with crop insurance companies to cut their subsidies could produce budget savings that would reduce the amount of money available for the next farm bill, but a spokesman for Agriculture Secretary Tom Vilsack said April 12 the administration is willing to work with Congress to address those concerns.
In a statement issued Nov. 23, the farm organization said it is opposed to all farm program payments and asks that they be discontinued. The organization then goes on to decry health care reform as a government takeover, which it is not.
Although these senators question or don’t want a government option for health care reform, they see highly subsidized federal crop insurance in a much different light. In this, they’re joined by most of the Blue Dog Democrats in the House and fellow farm state senators.
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