Crop Insurance Reform

If you are a farmer, or you live in rural America, you've likely heard about or used government subsidized crop insurance. If you're not familiar with the issue, we'll get you up to speed in a hurry.

Crop insurance and the need for reform came to our attention over 10 years ago. Farmers across the Great Plains and Midwest began to report that federally subsidized crop insurance was putting them at a disadvantage. Meanwhile, programs that help strengthen opportuntiies for small and mid-sized family farms and ranches have witnessed funding cuts.

We believe crop insurance is an important tool to help farmers mitigate risk. But it can be much better! You can help to make sure it also serves beginning, small, and mid-size farms.

Crop Insurance Reform Notes

 

Impact of Crop Insurance on Land Values

The Center for Rural Affairs along with Mike Duffy, Professor Emeritus of Economics, Iowa State University, will release a report that explores the impact subsidized crop insurance places on land values. 

Explanation of Crop Insurance Hidden Benefits

During the last farm bill debate we heard Congressional leaders say, farmers don’t get a check, they get a bill for their crop insurance.
 
While that statement may be true, it’s also true that crop insurance is heavily subsidized, providing unlimited premium subsidies to the nation’s largest and wealthiest farms on every acre, every year, regardless of prices, production or farm profitability.
 
 We created a mock “explanation of benefits” to demonstrate the largess.
 

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Insure commodities you have not insured before

Farmers and ranchers, have you heard of Whole Farm Revenue Protection (WFRP)?

WFRP is a crop insurance plan that allows a farmer or rancher to insure the revenue for their operation in its entirety. The program is available in all counties nationwide. You can utilize WFRP as your sole source of crop insurance or with other federal crop insurance policies.