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2014 Crop Insurance Premiums, Guarantee Levels

2013-12-10 22:22:00| Corn & Soybean Digest

Source: University of Illinois farmdocDaily Given guarantee levels, farmers who have not purchased at the highest crop insurance coverage levels should consider higher coverage levels due to lower guarantee levels. read more

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Crop Insurance and Wealthy Individuals

2013-12-02 23:08:00| National Hog Farmer

By P. Scott Shearer, Bockorny Group, Washington, DC Congressmen Ron Kind (D-WI), Rosa DeLauro (D-CT), and Earl Blumenauer (D-OR) are requesting the Government Accountability Office (GAO) review crop insurance payments to determine what amount goes to wealthy individuals. read more

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Farmers to face lower crop insurance guarantees in 2014

2013-11-22 21:38:00| Corn & Soybean Digest

Source: University of Illinois farmdocDaily Due to lower futures prices on Dec14 corn and Nov14 soybeans, most farmers will face considerable losses before crop insurance makes payments in 2014. read more

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Crop insurance payments a possibility in 2013

2013-10-08 22:21:00| Corn & Soybean Digest

Some farm operators in Minnesota, Iowa and surrounding states will be facing reduced yields on some farm units in 2013, due to very late planting, severe storms and very hot and dry weather late in the growing season. With Federal Crop Insurance, every year is different, and with the multiple options available to producers, there are many variable results from crop insurance coverage at harvest time. Focus on Ag read more

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Crop insurance has strong support

2013-09-03 18:35:00| Corn & Soybean Digest

Many farm operators across the Upper Midwest are facing some crop loss in 2013, due to late and prevented planting this past spring, and now from very hot, dry weather late in the growing season in some areas. There will undoubtedly be large financial losses to some farm operators in many areas, as well as with associated businesses, and in local communities. The drop in corn prices and soybean prices, compared to recent years, will also lead to further financial loss for affected farm operators. The financial losses to corn and soybean producers in 2013 will be somewhat mitigated for farm operators that carry Federal Crop Insurance coverage. Focus on Ag read more

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