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History demonstrates the importance of a farm safety net

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Additionally, crop insurance is structured in such a way that spreads risk across a large and diverse pool of participants so that the impact of losses from a disaster is minimized. That’s because it is widely available and affordable for producers all across the country regardless of their farm size.

Crop insurance helps farmers and ag lenders manage risk

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It is important to keep in mind that crop insurance is a risk management tool, not a profit center. Some have charged that farmers would rather collect a crop insurance check than a good harvest. Nothing is further from the truth.

This drought just isn’t giving up, but farmers aren’t quitters

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This drought has been historic and is about as stubborn as a drought can be. But farmers are hardworking, honest and smart businessmen and women who have armed themselves with the best tools possible to weather this storm. And crop insurance has ensured that California’s central valley will remain America’s fruit and vegetable garden for generations to come.

Cuts to the farm safety net jeopardize a national asset

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This system is hugely important for not only farmers, but also to rural communities and the national economy as a whole. Agriculture accounts for nearly $800 billion in economic activity and supports one out of every 11 jobs in the economy.

Crop insurance literally saved my Mississippi farm

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If I hadn’t purchased crop insurance that first year I struck out on my own, I would be doing something else other than what I love and do best, which is farming. And me, my wife and kids would be spending the rest of our live paying the bank back for the first production loan I borrowed.

Crop insurance essential for farmers

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I have experienced three complete freezes that would have put me out of business without insurance. It wouldn’t have been just a matter of not paying my bank loans; it would have been a matter of not paying anybody. My crop insurance policy allowed me to cover at least part of my fixed expenses.

Crop insurance policies are crucial for farmers

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As someone who has spent more than four decades managing a fourth-generation farm and the past 10 years building my family’s crop insurance agency, I believe I have valuable perspective worth sharing regarding how essential today’s federal crop insurance policies are to America’s farmers and consumers.

Crop insurance helps farmers survive unpredictable weather

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I have been farming corn and soybeans for about three decades and I have always purchased crop insurance because it gives me some peace of mind even though we are in a climate setting that typically doesn’t experience wide weather extremes like some of our neighbors in other parts of the country.

Farmers in the northwest need access to affordable crop insurance

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The evolution to crop insurance has effectively moved risk management away from the public sector, funded exclusively by taxpayer dollars, and toward the private sector, where farmers and crop insurance companies help shoulder part of the cost of natural disasters.

No crop insurance would mean no food

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Without effective and affordable crop insurance, catastrophic production losses would sap the rural economy by setting in motion a series of harmful events: farm failures and consolidation, job losses, financial stress on rural banks and reduced investment in U.S. agriculture. …