Even as U.S. crop insurance premiums reached a record high in 2022 to $21.5 billion, the segment recorded an underwriting loss due to challenging growing conditions amid widespread drought, according ...
USDA is expanding and enhancing crop insurance products for fruits, vegetables and other specialty crops and considering some additional steps that could help address the sector’s priorities. “It’s ...
Advocates of conservation practices and cover crops are looking to speed up the development of new crop insurance products by going around USDA to start testing coverage for growers who want to ...
The crop insurance industry, today a $3 billion or more enterprise, was essentially created by a sequence of government subsidies and mandates initially authorized under the 1980 Federal Crop ...
The deadline to purchase crop insurance for corn and soybeans for the 2024 crop year is March 15. The 2024 spring prices for corn and soybean will be reduced substantially from the base price levels ...
Federal crop insurance has become a cornerstone of US agricultural policy, accounting for a significant share of total federal spending on farm programs. The current Congressional Budget Office (CBO) ...
The deadline to purchase crop insurance for corn and soybeans for the 2025 crop year is March 17. It appears that the 2025 spring price for corn will be similar to 2024; however the soybean price will ...
For nearly 100 years, the history of the farm bill largely tracks the history of food production in the United States as the legislation has evolved to meet the needs of farmers and consumers alike.
Change is in the air as Silveus — the nation’s largest independent crop insurance provider — announced its acquisition by Risk Strategies, a private insurance brokerage and risk management adviser, at ...
The Risk Management Agency just released official harvest prices for federal crop insurance, and it’s not good news for farmers. Harvest price is based on the average price during October. This year, ...
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