Crop Insurance
Some farm-state lawmakers are going after situations where some ag economists at some universities are playing both sides of some issues like crop insurance, and profiting by it.
Crop insurance indemnities total $5.482 billion as of Feb. 8, 2016, up about $600 million over the past month, but still the smallest payouts since the 2010 crop year, according to Risk Management Agency (RMA) data.
Does the government make any money on crop insurance? That’s a viewer’s question during Customer Support. John breaks down is explanation.
Enrollment in the Average Crop Revenue Election program has been low, but changing the trigger from a state level to one closer to the farm level could boost benefits, according to a study by USDA-ERS.
Does the government make any money on crop insurance? That’s a viewer’s question during Customer Support. John breaks down is explanation.
Michigan farmer Michael Stamp is facing time behind bars. Both Michael Stamp, and his wife Melissa Stamp, entered separate plea agreements with U.S. attorneys this week in a bankruptcy case dating back to 2012.
Michigan farmer Michael Stamp is facing time behind bars. Both Michael Stamp, and his wife Melissa Stamp, entered separate plea agreements with U.S. attorneys this week in a bankruptcy case dating back to 2012.
Bayer subsidiary Climate Corporation recently announced an agreement with Farmer’s Mutual Hail Insurance Company of Iowa (FMH) to connect field data to FMH for crop insurance reporting.
Some farmers will receive higher prevent plant payments from the bill, but it’s not likely to be widespread unless Agriculture Secretary Sonny Perdue broadens the language.