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Posts tagged: Crop Insurance

Risk Management Tools Help Farmers Create a More Environmentally Sustainable Future

Good risk management tools aid in conservation efforts and help protect beautiful views like this for the next generation. USDA photo.

Good risk management tools aid in conservation efforts and help protect beautiful views like this for the next generation. USDA photo.

American producers know that crop insurance is a proven tool for managing the risks of farming.  But many folks may not be aware that it also promotes sound practices that encourage environmental sustainability.

One of the primary reasons the Federal crop insurance program is good for conservation is that it requires producers to exercise good farming practices in order to be eligible for coverage.  Good farming practices vary from crop to crop and from region to region, but follow the principle that the farming practices carried out are considered prudent and responsible by local extension agents and certified crop consultants. And this means planning for the long-term future, not just the current crop year. Read more »

Secretary’s Column: As Conferees Convene, Priorities for a Farm Bill

While rural Americans have already waited too long for passage of a new Food, Farm and Jobs bill, this week brought a promising new development. Conferees from the Senate and House met to begin work on the creation of a bipartisan, long-term Farm Bill. Their work could not be more timely – and they are in the spotlight now more than ever before.

The Farm Bill is crucial to America’s farmers, ranchers and producers. It provides a necessary safety net for producers centered around a strong crop insurance program and a dependable set of disaster assistance programs. The last two years of drought and other weather-related disasters underscores how important that safety net is to keeping producers in business.

The Farm Bill’s importance extends beyond the farm safety net. Read more »

USDA Offers Assistance to Tornado Victims

Following the devastating effects of tornadoes this week, USDA is offering assistance to those in need.  USDA offers many programs that can provide assistance to landowners, farmers, ranchers and producers during disasters.  No Presidential or Secretarial declarations are required for the provision of much of this assistance.

Agricultural producers are reminded that Federal crop insurance covers tornado damage, as well as other natural causes of loss.  Please remember to report your loss to your insurance agent or company within 72 hours and in writing within 15 days. Your insurance company will send out a loss adjuster as soon as they are safely able to do so and will document your insurance claim. Please remember that you cannot destroy your crop or plant a new crop until the loss adjuster or your insurance company has informed you that you can do so. Read more »

Innovating Our Way to a Stronger America

Last night I had the privilege of attending President Obama’s State of the Union speech.  In it, he laid out some of the challenges America faces moving forward as we compete with nations across the globe to win the future.

The President’s vision is simple.  We need to be a nation that makes, creates and innovates so that we can expand the middle class and ensure that we pass along to our children the types of freedoms, opportunities and experiences that we have enjoyed. Read more »

Managing the Escalating Risks of Farming

Lancaster County, PA – Dairy farmer Luke Brubaker has managed risks well enough to establish a long history of successful, and environmentally friendly farming. At age 67, however, he recognizes that now is the riskiest time he has seen. Read more »

The Field Guide to the New American Foodshed

The Farm Credit Council, the trade organization for the farmer-owned Farm Credit System, was recently awarded a grant by the Risk Management Agency to produce written and web-based material using case studies to explain how local food systems work in the real world of business and economics, called the “Field Guide to the New American Foodshed.”  With this field guide, beginning farmers, ranchers and entrepreneurs will be able to identify different food system business models as they come across them, along with detailed explanations of their business structures and related resources.

Beginning farmers in Kentucky.

Beginning farmers in Kentucky.

Most farm business advisors that are readily available are often very familiar with traditional commodity agriculture.  But many beginning farmers and ranchers (BFRs) are serving markets that are often found outside of national and international commodity markets.  In addition, many BFR operations are often located near metropolitan areas where there are fewer financial service providers familiar with the workings of an agricultural operation. Read more »