Articles Tagged with ''crop insurance''

A new report by the AGree initiative and The Data Foundation assesses several ways to protect the privacy of USDA data that’s used to assess the impact of farming practices.

President Joe Biden's $33 billion supplemental funding request for the war in Ukraine includes $500 million to encourage U.S. farmers to increase production of crops such as soybeans and wheat.

With the government finally funded for fiscal 2022, lawmakers can turn their attention to other policy issues and begin work on funding legislation for FY23.

With the 2022 midterm elections fast approaching, Republicans have their eyes set on capturing the House – and potentially the Senate – for the first time since 2016, while Democrats seek to hold onto control of at least one chamber.

Leaders of major crop groups say the farm bill commodity programs won’t adequately protect their margins at a time of skyrocketing input costs, but the organizations aren’t ready to propose specific changes.

Surging commodity prices have pushed crop insurance guarantees to record highs or near-record highs for farmers in the Midwest and Plains states this spring, which will help them protect their revenue against the soaring input costs.

A crop insurance policy that was supposed to ensure cotton growers could make do without traditional commodity programs never fulfilled its promise after hitting the market in 2015. But amid sky-high market prices and input costs this year, southern farmers say buying the policy is looking more and more like a no-brainer.

Farmers who plant cover crops will be eligible for crop insurance premium subsidies worth $5 an acre for the second year in a row.

Farmers will need significant incentives to plant incentives to plant more cover crops, and the subsidies will likely need to increase as the government’s acreage goals rise, according to a study by economists at The Ohio State University and the University of Illinois.