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USDA Provides Risk Management Tool For Growers

USDA Provides Risk Management Tool For Growers

Diversified crop growers have a new and improved risk management tool under their belt with USDA’s Whole-Farm Revenue Protection (WFRP), a federal insurance policy that covers all of an operation’s crops and livestock under one plan. As part of the ...

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The White House Takes Shots at Crop Insurance

The White House Takes Shots at Crop Insurance

If crop insurance is a target, no one in Washington has figured out how to hit it, nor is anyone likely to stop trying. The 2018 farm bill – only a couple of years away – may be the best ...

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8 Useful Crop Insurance Links You’ll Want to Bookmark

8 Useful Crop Insurance Links You’ll Want to Bookmark

Got crop insurance questions? If so, you’re not alone. With corn prices below $4, soybeans hovering around $9 and wheat below $5, many producers are looking closely at costs and wondering what type of coverage they can afford in 2016. ...

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Crop Insurance Indemnities Over $1.8 Billion for 2015 Crops

Crop Insurance Indemnities Over $1.8 Billion for 2015 Crops

U.S. crop insurance indemnities stand at $1.848 billion as of Sept. 14, up nearly $800 million over the past month, according to Risk Management Agency (RMA) data. Not surprisingly, wheat remains the crop with the largest payouts, largely due to ...

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Agriculture Ministry proposes new crop insurance scheme

Agriculture Ministry proposes new crop insurance scheme

The Agriculture Ministry has proposed a new national crop insurance scheme has moved a cabinet note, under which farmers will pay less premium of up to three per cent. Further, the Ministry is planning to roll out the scheme in ...

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The Evolution of Risk Management in Aquaculture: The Case of Insurance

The Evolution of Risk Management in Aquaculture: The Case of Insurance

Sunderland Marine Mutual Insurance Company Ltd (SMMI) has been insuring aquaculture operations since 1986.  To assist the underwriting team and to provide risk management assistance to its Members, the in-house technical service of Aquaculture Risk Management (ARM) was also established ...

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FAA Approves Drones for ADM Crop Risk Services

FAA Approves Drones for ADM Crop Risk Services

Drone usage continues to lift off in the agriculture industry. Crop insurer ADM Crop Risk Services said on Wednesday that the Federal Aviation Administration had approved the company to use drones in its business. The unmanned aerial vehicles (UAVs) will ...

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Could Crop Insurance Subsidies Be at Risk in 2015?

Could Crop Insurance Subsidies Be at Risk in 2015?

“This is probably the most challenging year for crop insurance in a very long time,” warned Mary Kay Thatcher of the American Farm Bureau Federation. Farmers already concerned about the grain markets and the market price for crop insurance need to ...

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Obama’s budget would cut crop insurance subsidies

Obama’s budget would cut crop insurance subsidies

President Barack Obama’s 2016 budget plan finds $16 billion in savings over 10 years by slashing federal funding for crop insurance programs. The proposed cuts aren’t going over well with farmers or lawmakers from agriculture states. The budget “turns a ...

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2015 crop cost estimates released

2015 crop cost estimates released

Iowa State University Extension and Outreach released its annual publication titled Estimated Costs of Crop Production in Iowa – 2015. The publication is intended to help farmers determine their own potential 2015 crop costs per acre and per bushel for various ...

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