The House Agriculture Committee’s General Farm Commodities, Risk Management, and Credit Subcommittee held a hearing entitled: “Producer Perspectives on the 2023 Farm Bill.” The two-part hearing featured 10 witnesses representing major commodity producers, who shared perspectives on federal crop insurance, commodity price support programs, disaster assistance, and access to lending. … Read More →
Risk Management
Release: Updated NSAC Report Illustrates Minimal Impact of Crop Insurance Subsidy Caps on Farms
NSAC published an updated version of a special report projecting billions in taxpayer savings over 10 years if modest payment caps are instituted on subsidized discounts for farmers who purchase crop insurance. The updated report includes an addendum that features several projections demonstrating the real impact of payment caps outlined in the original report: An Economic Analysis of Payment Caps on Crop Insurance Subsidies, first published in July 2022…. Read More →
USDA Awarded $10.5 Million for Farmer Risk Management Training
In 2020 and 2021, USDA awarded almost $10.5 million to fund over 200 risk management education grants for universities and community-based organizations to help farmers learn how to better mitigate risk on their farms. Awardees included a number of NSAC members, whose projects are highlighted in our latest blog post…. Read More →
Whole Farm Revenue Protection Program: 2017 – 2018 Trends
It has been five years since the 2014 Farm Bill created Whole-Farm Revenue Protection (WFRP) – a new crop insurance policy championed by the National Sustainable Agriculture Coalition (NSAC) for its potential to level the playing field for producers underserved by other federal crop insurance options. WFRP replaced two former policies – Adjusted Gross Revenue […]
Is Organic Farming Risky? New Report Suggests No More So Than Non-Organic Farms
NCAT’s new report suggests organic farming is no more risky than non-organic farming. The report was funded by a research and education grant from NIFA. … Read More →
Path to the 2018 Farm Bill: Crop Insurance Modernization
Editor’s Note: On October 24, the National Sustainable Agriculture Coalition (NSAC) released its 2018 Farm Bill policy platform, An Agenda for the 2018 Farm Bill, which provides a comprehensive vision for a more sustainable farm and food system. This is the sixth and final post in a multipart series that breaks down NSAC’s policy priorities for the 2018 Farm Bill. […]
RMA Grants Expand Awareness of Risk Management Opportunities
Last week, the Risk Management Agency (RMA) announced projects funded through two programs that help educate farmers about how to mitigate production, financial, and other forms of risk on their farms. These grants were awarded through the Risk Management Education Partnership Program and the Risk Management Program in Targeted States. Farm risk can take many […]
The Federal Crop Insurance Program: Status and Sustainability
Editor’s Note: This is a guest blog written by Jeff Schahczenski, an agricultural and natural resource economist with the National Center for Appropriate Technology (NCAT) and the ATTRA Sustainable Agriculture program (ATTRA). A substantial update to his 2012 ATTRA publication, Crop Insurance Options for Specialty, Diversified, and Organic Farmers, will be available this December. Federal […]
Disaster Assistance: from “Not a Penny” to New and Improved
Last week, the US Department of Agriculture’s (USDA) Economic Research Service (ERS) released a new report indicating that changes to the Noninsured Crop Disaster Assistance Program (NAP) made in the 2014 Farm Bill have been well-received by farmers and have led to a doubling of NAP applications – from 66,000 in 2014 to 138,000 in 2015. While this is […]
The Contract Price Addendum: A Good Risk Management Tool for Certified Organic and Transitioning Producers?
The Risk Management Agency (RMA) has recently announced an important update to the Contract Price Addendum (CPA) — transitioning to organic acres will now be eligible. With this change have come a flurry of questions about CPA and how it works, including “What are CPAs?”, “Is my crop eligible for this?”, and “Should I use […]
Request for Applications Announced – Risk Management Outreach Assistance for Underserved Farmers
Today, the Federal Crop Insurance Corporation, operating through the Risk Management Agency (RMA), issued a Request for Applications (RFA) for the Community Outreach and Assistance Partnership Program. $3.4 million is available for collaborative outreach, assistance, and training on risk management solutions for socially disadvantaged, limited resource, or traditionally underserved farmers and ranchers who produce priority […]