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Don’t drain the crop insurance pool

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Unfortunately, some critics of farm policy want to upend the whole system by capping insurance discounts or even excluding larger — and less risky — farms altogether. It makes for an easy talking point, but it would carry unintended consequences. By removing your most established farms, and all the acreage associated with those farms, you are doing the same thing as excluding the healthiest people from life insurance.

Farm Credit and Crop Insurance Essential for Our Nation’s Farmers

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When it comes to obtaining credit, the vast majority of crop loans incorporate crop insurance in their operation plans, and coverage is a requirement for many loans. Without it, credit would be limited to those with the strongest balance sheets. Given the recent price trends and outlook for commodity prices, there just aren’t many farmers who fall into this category.

Kansas blizzard highlights importance of crop insurance

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Crop insurance is something you hope you never have to use. It doesn’t pay for the total cost of planting a crop of wheat. But it will keep farmers in business for the next season – and that’s the whole point of a safety net.

Crop insurance critical to farmers

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I’ve seen this firsthand in the drought of 2005 and the violent hail storms in 2014 that brought moderate to severe damage to 16 out of 18 of our fields. I didn’t make any money those years, but I also didn’t go out of business.

Crop insurance helps multi-generational farm weather the ‘perfect storm’

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As we begin negotiations around a new Farm Bill, I for one will be an outspoken advocate for crop insurance. It is not just an “insurance policy” for farmers, but also an “insurance policy” against disruption and financial instability in the food production sector, which could have widespread negative repercussions affecting every American. I encourage anyone who prioritizes a safe, stable, affordable food supply to join me.

Maine farmers know crop diversity is key to success. Our farm policies should reflect that.

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Crop insurance treats all farmers equally, regardless of operation, size, region, or crop. For Maine farmers, in particular, it is crucial that we protect this safety net that does not discriminate.

How critics of U.S. farm policy have it wrong

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The Farm Bill and crop insurance will not make our farmers and ranchers anywhere near whole from their heavy losses. But these policies will help hard working families – who feed, clothe and increasingly fuel us in a manner unrivaled in history – to repay their loans and secure financing for the coming year.

Crop insurance: What a difference four decades make

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Connecticut River Valley farmers are inventive and hardworking businessmen and women and it has been an honor to work with them for the past 40 years. Given their ingenuity, and the important safety net crop insurance provides, the next 40 years should be exciting to watch.

This much is certain: For farmers, crop insurance is essential

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I have been farming for almost four decades and have witnessed firsthand the difference crop insurance can make…As president of the Iowa Farm Bureau for the past five years, and a member for many years prior to that, I have also had the opportunity to learn why crop insurance works.

A competitive & innovative farm sector requires a sustained investment

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From a lending perspective, crop insurance and farm policy are enormously important because the mitigate another kind of risk: defaulting on a loan after a catastrophic event…