Commodity, Crop Insurance & Credit Programs

Farm Microloans Big in 2014

December 18, 2014

Finding a way to finance a new farming operation before money starts coming in at the end of the growing season is a challenge that all new farmers face. And while some farmers are able to save enough before they start farming, there are always inevitable start-up and annual operating expenses – like seeds, inputs, […]

It’s a Wrap – This Congress is Over – Final Bills and Letters

December 17, 2014

Both the House and Senate have now finished, bringing this Congress to a close.  A new Congress — the 114th — begins in January. This post summarizes some end of session activity. Legislation Government Spending Bill — The Senate approved the so-called “cromnibus” appropriations bill on Saturday, December 13 and the bill was signed into […]

New Organic Price Elections for 2015 Crop Insurance Announced

December 15, 2014

December 15, The Risk Management Agency (RMA) recently released 10 new organic price elections for the 2015 crop insurance year. This brings the total number of organic price elections to 26 for the 2015 crop year. While this represents progress there is a long way to go since RMA offers over 100 individual crop policies. […]

Final LSP Crop Insurance White Paper Released with Principles for Reform

December 10, 2014

On December 9, the Land Stewardship Project (LSP) released a new white paper, How Crop Insurance Hurts the Next Generation of Farmers, the final of three white papers on the federal crop insurance program . This final white paper was released alongside a “Principles of Reform” document that outlines LSP’s ideas for reform of the […]

Enterprise Diversity and Farm Income

December 5, 2014

The recent news from the U.S. Department of Agriculture (USDA) that farm incomes are down — and expected to recede even more after several years of high incomes linked to historically high crop price — shines a light on something that NSAC has been talking about for many years. NSAC has long advocated for federal […]

White Paper: How the Federal Crop Insurance Program Benefits Mega Farms

December 3, 2014

On December 2, the Land Stewardship Project released the second of three white papers on the federal crop insurance program. This paper is entitled, Crop Insurance Ensures the Big Get Bigger. This paper makes the point that the top 10 percent of crop insurance subsidy recipients took in more than half of all premium subsidies […]

LSP Releases White Paper on Government Subsidies to Large Corporate Crop Insurance Companies

November 25, 2014

On November 24, the Land Stewardship Project released a new white paper, Crop Insurance – The Corporate Connection, part of a three-part series entitled How a Safety Net Became a Farm Policy Disaster. The first white paper outlines the profits being obtained by a few corporations from the multiple subsidies provided them by the federal […]

GAO: Updated Report on the Cost of Climate Change to the Federal Crop Insurance

November 25, 2014

On November 20, the Government Accountability Office (GAO) released a new report on climate change and the federal flood insurance and crop insurance programs. This report is similar to one GAO released in 2007 that found that climate change could increase the financial risks associated with the federal government’s insurance programs. The new report focuses […]

The Top 6 Improvements with New Whole-Farm Revenue Protection Insurance Policy

November 18, 2014

As farmers consider signing up, we look at why Whole-Farm Revenue Protection is better than its predecessor policies.

What Does “Good Farming Practices” Really Mean?

November 11, 2014

In October 2014, USDA’s Risk Management Agency (RMA) released a 76-page Good Farming Practices (GFP) handbook.  The handbook defines all of RMA’s policies and procedures related to GFP. Good Farming Practices: “The production methods utilized to produce the insured crop and allow it to make normal progress toward maturity and produce at least the yield used to […]

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