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

 

New Option for Farm Risk Management: Whole Farm Revenue Protection usage in Nebraska

For many years, farmers across the country have purchased crop insurance policies as a way to manage the risk of a yield or income loss. However, crop insurance has stepped into the spotlight as the highest costing federal farm program, at about $8 billion a year.

File attachments: 

Farm bill priorities: crop insurance

Crop insurance should better serve rural communities. 

Stop allowing taxpayer dollars to go without limit to the largest farmers.

Cap crop insurance subsidies at $50,000. Other public support programs have limits; it makes sense to have limits on crop insurance subsidies, too. Who does this impact? Only 0.9 percent of farmers in 2010 and 2.5 percent of farmers in 2011 received premium subsidies greater than $50,000 and would have been impacted by a cap.

Manage risk through conservation.

File attachments: 

More education needed on new crop insurance option

For many years, farmers across the country have purchased crop insurance policies as a way to manage the risk of a yield or income loss. Crop insurance has stepped into the spotlight as the highest costing federal farm program, at about $8 billion per year.

Despite the size of the program, crop insurance has not been available for many types of crops. And, often, for certain crops such as fruits, vegetables, or small grains, coverage is available only on a regional basis.

Farm bill could help farmers, soil health, and water quality

Do you care about soil health, clean water, and farmers’ ability to make a living and steward their land? Time to tune in. Congress has started work on the next farm bill, and now is when they need to hear from you: the voters.

The next farm bill offers a major opportunity to support conservation through the crop insurance program. Crop insurance is a must-have for most farmers. Linking crop insurance to conservation is therefore a smart way for Congress to invest taxpayer dollars in supporting farmers and strengthening stewardship of natural resources.

Farm bill conversations: crop insurance

The Center for Rural Affairs farm bill team has been working hard to make sure you have up-to-date and important farm bill information. Over the past few weeks we have sent out information regarding our farm bill priorities. This week, we’re talking about crop insurance reform and how you can get involved by contacting your representatives.

Here are two things we’d like to see change with crop insurance through the 2018 farm bill: