Crop Insurance News

A Sign of the Trouble with Crop Insurance in the Center’s Area

We clipped this ad from the local paper. This outfit seeks to “acquire” 5,000 acres of farmland in our home county. That will cost them nearly $50 million. They own 1,900 acres in the county now, and are connected to a “wealth management” firm in Omaha. They pay cash, and require existing tenant rights be terminated.

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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